UBS projects $4.1 trillion in AI infrastructure spending between 2026 and 2028,...

UBS projects $4.1 trillion in AI infrastructure spending between 2026 and 2028, exceeding three times the total outlay of the last six years. The top spenders include Google, Meta, Microsoft, and Amazon, with projected three-year investments of $938 billion, $683 billion, $672 billion, and $628 billion respectively. Neocloud and China Cloud providers such as CoreWeave and Nebius are also rapidly increasing their share. Nvidia and Broadcom are identified as primary beneficiaries, supplying AI accelerators and advanced networking components. Power equipment manufacturers including Eaton, Vertiv, and GE Vernova have seen substantial gains, responding to growing demand for transformers and cooling systems. Memory companies Samsung, SK Hynix, and Micron have sold out their 2026 capacity for high bandwidth memory. ASML and TSMC are crucial to advanced chip production needed for this AI expansion. 📰 @aipost