AI adoption to accelerate growth in the $215 billion Data Center market
IEEE ComSoc
SEPTEMBER 15, 2024
AI workloads are bandwidth-intensive, connecting hundreds of processors with gigabits of throughput. Ethernet switches which communicate within the data center via local area networks. BofA notes that construction spending for data centers is approaching $30bn (vs $2bn in 2014) and accounts for nearly 21% of data center capex.
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