HYPERSCALER COMPUTE TO DOUBLE BY 2027 AMID AI BOOM Wells Fargo forecasts hyperscaler compute capacity to double to 98GW by 2027, driven by surging AI demand. Alphabet, Amazon, and Microsoft account for 80% of current capacity and are expected to maintain a 75% share through 2027. Capacity additions will exceed prior years, with total hyperscaler capacity reaching 125GW by 2028. Capital spending will nearly double to $860B by 2027, with $2.47T spent from 2026–2028. Access to compute is now the key bottleneck for AI, powering growth in cloud services beyond consensus expectations.(*Walter Bloomberg)