TrendForce: Top 9 CSPs’ CapEx Projected to Exceed $1.5 Trillion in 2027

TREE NEWS update: TrendForce projects that the world’s top nine cloud service providers (CSPs) will spend over $957 billion on capital expenditure in 2026, a 106% year-over-year increase, and surpass $1.5 trillion in 2027, a 60% increase. These nine CSPs include Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu. TrendForce has revised its 2027 growth forecast upward from 50% to 60%, citing rising server prices, component shortages, and suppliers’ demands for prepayment.