AI-driven data centre demand far outstrips supply despite record hyperscaler spending: Jefferies

Global demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to persist for years as artificial intelligence (AI) adoption accelerates, according to a report by Jefferies.

The brokerage said that despite aggressive capital expenditure plans by major technology companies and a rapid expansion in AI infrastructure, physical constraints across the supply chain are preventing the industry from delivering enough capacity to meet demand.