AI Power-Gear Spending in US Surging Up to $65 Billion
A power substation near a data center in Ashburn, Virginia.
Photographer: Nathan Howard/BloombergUS 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 Wood Mackenzie Ltd.
US data center capacity may reach 110 gigawatts by 2030, and total US spending on power-plant equipment may climb to $215 billion.