Global AI capital expenditure is experiencing an unprecedented explosive growth. The five major super cloud providers are expected to surpass $600 billion in capital spending by 2026, with about 75% directly invested in AI infrastructure. Goldman Sachs predicts that AI enterprise investments may exceed $527 billion in 2026. The demand for computing power far exceeds supply, with backlogged orders continuously rising, creating a full industry chain benefiting from chips to electricity.

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