Citi: Hyperscaler backlog near $1.7T, AI capex tracking toward $3.8T by 2030
sanjaykalra · x · 2026-09-08
Citi's Global TMT Conference runs this week in NYC with 250+ management teams presenting. Key figures from its disclosures:
- Hyperscaler backlog near $1.7 trillion at the end of Q2, up 151% year over year;
- AI-related capex tracking toward $3.8 trillion by 2030;
- New AI power capacity of about 19 GW this year.
The poster notes these in-room disclosures are the assumptions that will price 2027 budgets — AI adoption is now an infrastructure commitment.
Related event: Citi: Hyperscaler Backlog Nears $1.7 Trillion as AI Capex Eyes $3.8T(3 posts)→
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