Bank of America projects $2.2T data-center market by 2030

Bank of America’s Global Research team forecasts the total data center systems market will hit $2.2 trillion by 2030, a figure driven overwhelmingly by the buildout of artificial intelligence infrastructure. The projection, led by BofA semiconductor analyst Vivek Arya, reflects a market that the bank itself keeps revising upward. AI data center systems alone now account for roughly $1.7 trillion of that $2.2 trillion total, up from previous estimates that ranged between $1.2 trillion and $1.4 trillion. CPUs are having a moment One of the more interesting shifts buried in BofA’s analysis is the resurgence of the humble CPU. BofA now estimates the server CPU total addressable market will exceed $210 billion by 2030, revised upward from $170 billion. The driver behind this CPU renaissance is agentic AI, a category of applications where AI systems operate with greater autonomy, making decisions and executing tasks rather than simply generating text or images. These workloads lean more heavily on CPUs than on the GPUs that power training runs for large language models. Currently, the server CPU market represents about 10% of the projected $2.2 trillion total, up from roughly 7% in earli...