Physix Frontier · News Briefing Card (IT Home · Oct 15, 2026)

TrendForce Raises 2027 CapEx Forecast for Top 9 Cloud Providers to $1.531T

KEY FACTS

TrendForce has raised its capital expenditure forecasts for the nine major cloud service providers over the next two years.
The firm expects the nine CSPs to spend more than $957 billion this year, up 106% year over year.
In 2027, the nine CSPs' capital expenditure will rise another 60%, reaching $1.531 trillion.
The upward revisions stem from server price hikes, component shortages, and suppliers demanding prepayments.
AI server shipments this year are expected to grow 32.2%, with output value of about $479 billion.
In 2027, AI server shipments will grow nearly 36% more, with output value approaching $920 billion.

KEY DATA

$957 billion2026 CapEx of Top 9 CSPs

$1.531 trillion2027 CapEx of Top 9 CSPs

32.2%2026 AI Server Shipment Growth

Nearly $920 billion2027 AI Server Output Value

PHYSIX OBSERVATION

Cloud providers' capital expenditure has been sharply revised upward for two consecutive years, showing the AI compute arms race is far from cooling down. Rising prices and shortages are driving up costs, yet they push the giants to lock in capacity even earlier, while smaller players and end users may bear higher compute prices.

Source: IT Home report