Nvidia says hyperscalers will keep spending heavily on AI hardware as long as bond markets cooperate, with projections pointing toward $1T in annual data center spending by 2028.

Nvidia says hyperscalers will keep spending heavily on AI hardware as long as bond markets cooperate, with projections pointing toward $1T in annual data center spending by 2028.

The four hyperscalers are spending outrageous amounts on AI and raising eyebrows.