Token usage forecast to hit 4 quintillion by 2030, agentic AI to drive most of it: Evercore

Beth_Kindig · x · 2026-09-16

Evercore projects annual token usage will reach 4 quintillion by 2030, with agentic AI accounting for the majority of token generation — a signal that agent deployment will become the primary driver of inference compute demand, benefiting MSFT, AMZN, NVDA, and GOOG.

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