From Coinpedia · By Anjali Belgaumkar
Bank of America has named Nvidia, Intel, Marvell Technology, Micron, Lam Research and Synopsys as likely beneficiaries of continued AI infrastructure spending, even as the group fell sharply on Thursday. Marvell dropped 8.29%, Intel 6.44%, Micron 4.78%, Synopsys 3.99% and Nvidia 3.93%. BofA’s Vivek Arya said the spread of open-weight AI models, whose parameters developers can freely access, should increase demand for computing hardware because running them still needs substantial processing power. The bank expects cloud infrastructure spending to nearly double from about $510 billion in 2025 to roughly $1 trillion in 2026, with a further 37% rise possible in 2027. It also cited growing token usage as proof that AI workloads keep expanding.
TagsStock Market Show More Was this writing helpful?
Tell us why!
Story Ends Here Previous Article : Cardano Price Prediction 2026: ADA and Avalanche (AVAX) Point to Cycle Gains, But a $16k Pepeto Buy Targets $4.8M at 300x
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.