According to a recently published report by Dell’Oro Group, the worldwide data center capex outlook for 2026 was raised as hyperscale AI deployments accelerated, complemented by continued investments in general-purpose infrastructure and rising component costs. Dell’Oro Group’s Data Center IT Capex Quarterly Report details the data center infrastructure capital expenditures of each of the ten largest Cloud service providers Additional highlights from the 1Q 2026 Data Center IT Capex Quarterly Report:

• The global data center capex outlook was raised to more than $1 trillion for 2026.
• The Top 4 US cloud providers—Amazon, Google, Meta, and Microsoft—increased data center capex by 78 percent.
• Dell led server OEM revenue in the quarter, followed by Supermicro and Lenovo, while white-box vendors serving the hyperscale market accounted for the majority of server revenue. Nearly all server vendors benefited from higher memory-driven system pricing.

Report: Global Data Center Capex Projection Passes $1 Trillion