AI Infrastructure Spending Is Accelerating, Not Plateauing

Super Micro booked $60 billion in Q4 FY2026 orders. CoreWeave raised 2026 capex guidance to $35–$39 billion with a $104 billion revenue backlog as of June 30. SpaceX spent $15.83 billion on AI infrastructure in Q2 2026, up from $749 million a year earlier. Spending is accelerating across server makers, cloud providers, and end-users alike.