BREAKING
SemiAnalysis: $11T AI Compute Spend
0
T
cumulative Capex
0
T
AI debt balance
0
T
annual Capex 2028
The AI Project Trinity
1
Capital
↓
2
Offtake contracts
↓
3
Datacenters
Nvidia Backstop vs Spot Price
GB300 1-year
spot
●
About $6.75 per hour
●
First-year rate
Nvidia backstop
~6 years
●
Around $2.36 per hour
●
Minimum revenue guarantee
Forecasts Compared
SemiAnalysis Capex
11.1
McKinsey DC
5.2
ARK annual
1.5
$7T Debt Raises Concentration Risk
AI NEWS BLITZ
SemiAnalysis projects AI compute spending could reach roughly eleven trillion dollars through 2029.