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Global artificial intelligence data center capacity is expected to grow nearly fivefold to 219 GW by 2030, according to Bank of America (BofA). Companies projected to see the largest increases in capacity include Amazon (+42 GW), Google (+27 GW), Microsoft (+24 GW), SPCX (+24 GW), Meta (+18 GW), Oracle (+12 GW), CRWV (+7 GW), NBIS (+5 GW), and IREN (+3 GW).
Shay Boloor shared the BofA forecast and noted the particularly interesting role that neoclouds will play in this expansion.
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Boloor has previously discussed technology sector developments, highlighting ServiceNow’s launch of Flow, an AI-driven service desk for Slack and Teams. He has also followed financial moves tied to cloud companies, noting the recent Deutsche Bank upgrade of ASTS and commentary on SPCX-linked activity. These topics have featured in his recent market coverage.