Nvidia Says Big Tech Will Spend $1 Trillion in Capital Expenditures in 2027: 3 Stocks to Buy If It's Right - The Globe and Mail

Nvidia's Q1 earnings revealed a major projection that data center capital expenditures will reach $1 trillion by 2027, signaling sustained growth in the AI industry and driving massive investment acro... Read original →

Nvidia’s $1 trillion capex forecast for 2027 isn’t speculation—it’s the logical outcome of AI’s insatiable compute demand. Technically, the Rubin architecture’s reliance on 3nm and EUV lithography locks TSMC (Taiwan, China) into a capacity arms race while boosting Micron’s leverage in the HBM4 memory bottleneck. Geopolitically, escalating U.S. export controls will force supply chain diversification—likely shifting back-end packaging to Vietnam or India—but no region can yet replicate Taiwan’s manufacturing ecosystem. Competitively, AMD and Intel will rush MI300 and Gaudi chips into volume production, possibly leveraging Samsung Foundry to bypass TSMC dependency. Over the next 12–24 months, the real tailwind won’t be raw chip sales but control over CoWoS advanced packaging and HBM integration. Only Nvidia, TSMC, and Micron possess this trifecta; others risk becoming commoditized footnotes in the AI infrastructure boom.