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AI infrastructure demand

How AI spending shapes demand for chips, servers and data centers.

Updated October 2026

This theme follows how spending on AI systems feeds through to demand for processors, servers and data-center capacity. It brings together company results, rack-level analysis and the economics of running AI models. Read the articles together to see where demand is reported, where it is forecast and where it is our own analysis.

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Markets

Two days, two directions: why chip stocks broke as markets digested the midterms

Wall Street rallied on the election result, then turned on the AI trade. Semiconductors took the hardest hit, even though nothing in the industry's reported numbers changed this week.

5 Nov 2026●4 min read●Analysis

Markets

The AI spending boom: more computing, or more expensive computing?

TrendForce expects AI server revenue to almost double in 2027 while shipments rise about a third. The gap shows how much of the boom is higher value per system.

14 Oct 2026●7 min●Analysis

Markets

The global chip supply chain: how it works, where it is strained and why

A plain-language guide to the steps, the places and the bottlenecks, with the evidence and the caveats.

13 Oct 2026●22 min read●Explainer

Markets

McKinsey lifts its 2030 chip forecast to $2.3 trillion

The new base case is 44% higher than before, while expected wafer volume growth is little changed.

13 Oct 2026●4 min read●Analysis

Markets

The economics inside an AI rack

Accelerators dominate the value of a representative AI rack. Lower-cost chips still underpin its operation.

13 Oct 2026●3 min read●Analysis

Research note

Inference changes the question from training cost to cost per answer

Serving an AI model creates a different economic problem from building one.

12 Oct 2026●4 min read●Analysis

Companies

NVIDIA's quarterly revenue reaches $96.2B, up 106%

Data center revenue made up $89.0 billion. The company is guiding for $108.0 billion next quarter, without counting on data center compute sales to China.

26 Aug 2026●4 min●Reported

Companies

AMD's revenue rises 50% to a record $11.5B

AMD's second quarter shows Data Center sales more than doubling and now making up 58% of the business.

4 Aug 2026●3 min read●Reported

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