The $800 billion capex number just doubled (Save this).
Milk Road AI Twitter · Milk Road AI (@MilkRoadAI) · 2026-06-02
Consensus FY2027 capex projections for the 14 largest publicly traded data center operators nearly doubled from $450 billion to $800 billion in the six months through February 2026.
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Topics: data-center-capexai-infrastructurecapital-expenditure
Claims
- The combined FY2027 capex consensus for the 14 largest public data center operators stood at approximately $450 billion six months before publication.
- By February 2026, that consensus had been revised upward to $800 billion, nearly doubling.
- The pace of upward revision in AI infrastructure spending forecasts has dramatically accelerated.
Key quotes
The $800 billion capex number just doubled.
Six months ago, the 14 largest publicly traded data center operators had a combined FY2027 capex consensus sitting around $450 billion. As of February 2026, that number has been revised to $800 billion, nearly doubled in a...