BofA: Global data center spending tops $1T, projected to reach $2.1T by 2028

Beth_Kindig · x · 2026-11-09

According to Bank of America, global data center spending has surpassed the $1 trillion threshold and is projected to more than double to $2.1 trillion by 2028, a bullish signal for compute-chain names like NVIDIA, AMD, and Broadcom.

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