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The Motley FoolThe Motley Fool··James Hires

Data Center Capex Boom Reaches $650B as AI Demand Accelerates

Global data center spending hits $650B in 2024, up 32% YoY, driven by AI infrastructure demand. TSMC poised to benefit with dominant 72% foundry market share.
NVDAAMDAAPLTSMAVGO+3data center spendingsemiconductors
The Motley FoolThe Motley Fool··Danny Vena, Cpa

TSMC's Path to $3 Trillion Valuation Draws Investor Attention

TSMC, valued at $1.9 trillion, could join the $3 trillion club by 2029 on strong semiconductor demand and AI-driven growth projections.
NVDAAMDGOOGGOOGLAAPL+2data centersrevenue growth