US spending on power-generation equipment for data centers may reach $65 billion by 2030, up from $2.6 billion last year, with the rapidly growing industry accounting for the largest share of the total market, according to a report Tuesday from
US data center capacity may reach 110 gigawatts by 2030, and total US spending on power-plant equipment may climb to $215 billion.
The staggering growth reflects the massive buildout of computing systems in the US, where the race to deliver artificial intelligence systems has been deemed a matter of national security by the Trump administration. Data ...