Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.
The forecast for U.S. data center demand has risen from 97GW to 116GW. Even after accounting for on-site generation and the shift of demand to Asia-Pacific, Morgan Stanley expects a power shortfall for roughly one-third of demand; labor, grid access and rack power consumption are key variables.
Morgan Stanley ·
BofA expects global data center spending to approach 1 trillion dollars in 2026, with servers, networking and storage accounting for the bulk; demand for grid connections, power distribution and cooling is flowing through to equipment and service providers.
Bank of America ·
Nomura has raised its forecast for new global data center deployments in 2027 from 32 gigawatts to 40 gigawatts and expects supply chain shortages to persist through 2027. At the same time, rising debt financing costs, project execution risks and limited visibility into 2028 demand constrain the optimistic view.
Nomura ·
Mark Habib, head of digital infrastructure at S&P Global Ratings, speaks with CNBC’s “Squawk on the Street”: hyperscalers carry more AI-related debt than investors see. In addition to debt on their balance sheets, they have commitments not yet recorded there, including data center leases and chip purchase commitments.
CNBC Television ·
Runze Technology delivered a record amount of computing-center capacity in a single quarter, EVE Energy’s fourth-quarter capacity is fully booked, and orders are growing at ProPharma and Asymchem. Demand is moving toward delivery, but equipment billing, capacity deployment and product validation each have their own timing requirements.
·
Four industry reports show different paths to earnings realization: IDC demand is ahead of revenue, shrinking acetic acid supply is driving a profit recovery, oil tanker spot rates have fallen while time charters remain firm, and faster UHV approvals are raising expectations for tenders.
Guotai Haitong, Tianfeng, Huachuang and Huayuan Securities ·
TeraWulf Chairman and CEO Paul Prager speaks with Fox's Claman's Power Players: the company signed a lease with Anthropic representing approximately 19 billion dollars in contracted revenue, of which the Kentucky project is a part; he also discusses how the real bottleneck for AI power demand lies in power and cooling infrastructure, not chips.
Fox Business ·
West Virginia Governor Patrick Morrisey speaks with Fox’s “Varney & Co.”: The state already has dozens of data center projects under construction or in planning. It aims to reach 50 gigawatts of electricity capacity by 2050, provided residents do not pay a penny more for electricity and water and the environment are protected. He says this is West Virginia’s path out of poverty and toward higher living standards.
Fox Business ·
BofA raised its forecast for global data center capital expenditure in 2028 by 122% from its previous estimate, to about 2.1 trillion dollars. Equipment suppliers have opportunities from both market expansion and high-voltage direct current, separate liquid-cooling loops and factory prefabrication; however, the technology transition will replace some legacy equipment, and liquid-cooling deployment is also lagging investor expectations.
Bank of America ·
Bernstein认为，DSX POD把AI数据中心的集成与测试前移至工厂，有望缩短设备闲置期，并使更多工作转向模块化供应商；提速的前提是电力、冷却和场地设施提前就绪。
Bernstein ·
摩根资产管理市场与投资策略主席、《Eye on the Market》作者 Michael Cembalest 做客《Alternative Realities》播客，谈 AI 对电力的需求、数据中心的能源选择，以及超大规模企业的债券与股市集中度。
J.P. Morgan Asset Management ·
