📰 ET Markets ⚪ NEUTRAL 🕒 24 Oct 2026, 12:00 AM IST

US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA

⚡ Instant Key Takeaways (TL;DR)

🎯

Core Development: US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA

📊

Market & Financial Impact: Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates. The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.

💡

Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

KYB and KYC: Business behind the wealth creator called “Divi’s Lab” – Part 1

One company, 2 words. Bond yield and CDS: Will they decide the fate of global markets?

Business of Odd Things: Inside an industry that farms fish that nobody is meant to eat

📰

Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

⚡

Get Breaking Stock Alerts & Q-Results on Telegram

Real-time 1200x675 image cards and financial filings delivered instantly.

Join @Zerolive_news ↗

US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA

🔥 More Live Market Stories

Why is Cumberland Pharmaceuticals stock sliding today?

Trump to exempt some Canadian products from tariffs amid midterm pressure - Radio-Canada

Laser Photonics receives Nasdaq notice for minimum bid price non-compliance

Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test

Howard Hughes Holdings chief accounting officer to depart in March 2027

Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers