@stockstoearn: BREAKING: Bank of America (BofA) estimates that global data center spending to hit $1 trillion ​in 2026 and more than double to $2.1 ‌trillion by 2028. Broadcom is among BofA’s top semiconductor picks. BofA put data center construction costs at $49 million per megawatt, with IT-related expenses making up ​78% of ​total spend. The ​brokerage estimates servers are the costliest component at $31.4 million per megawatt, and networking the second-largest at $4.8 million per ⁠megawatt. Broadcom is a prime beneficiary due to its leadership in custom AI accelerators (TPUs/XPUs) and high-speed networking chips that link massive clusters of GPUs. BofA analyst Vivek Arya maintains a Buy rating on Broadcom with a $460 price target, implying 34.4% upside from current levels. #stockstoearn #fyp #goviral #stocks #usanews

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Wednesday 28 October 2026 13:32:25 GMT
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