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NVIDIA and Broadcom Surge as AI Data Center Demand Doubles by 2027

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Goldman Sachs forecasts U.S.
  • data center power demand doubling by 2027 amid rapid corporate AI adoption.
  • Benefiting from accelerating hyperscaler capex, NVIDIA and Broadcom project exponential revenue growth across compute and custom silicon, supported by multi-year backlogs despite persistent industry-wide power and supply chain constraints.
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