Gartner Sees AI Spending Reaching $2.59 Trillion This Year
Gartner forecasts a 47% rise in global AI spending, while cloud and chip companies report revenue growth in recent quarters.
Key takeaways
- Gartner forecasts global AI spending of $2.59 trillion in 2026, up 47% from 2025.
- AI infrastructure accounts for $1.43 trillion of 2026 spending in Gartner's forecast.
- Meta expects 2026 capital expenditures of $130 billion to $145 billion.
- Broadcom reported AI semiconductor revenue of $16.7 billion, up 221% year over year.
Worldwide spending on artificial intelligence is forecast to reach $2.59 trillion in 2026, up 47% from $1.76 trillion in 2025, according to Gartner. The forecast rises to $3.49 trillion in 2027.
AI infrastructure is the largest part of the 2026 total, at $1.43 trillion, or more than 45% of spending. Gartner analyst John-David Lovelock called 2026 an “inflection year.”
Recent company results show growth across cloud services and chip suppliers. Microsoft reported fiscal fourth-quarter 2026 revenue of $90 billion, up 18%. Azure and other cloud services revenue rose 43%, while Microsoft Cloud revenue increased 27%.
Meta reported second-quarter revenue of $60.8 billion, up 28% year over year, and quarterly capital expenditures of $31.08 billion. The company expects full-year 2026 capital expenditures of $130 billion to $145 billion.
Broadcom’s third-quarter fiscal 2026 revenue rose 86% to $29.6 billion. AI semiconductor revenue reached $16.7 billion, up 221%. AMD reported second-quarter revenue of $11.5 billion, up 50%, with Data Center revenue up 107% to $6.7 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance
