On June 2, Bank of America stated that the construction of AI infrastructure is still in its early stages. As AI applications gradually spread from cloud computing vendors to enterprise customers, government agencies, and sovereign AI projects, global AI infrastructure investment is expected to grow from the current approximately $1 trillion to $3-4 trillion by 2030. Against this backdrop, the AI data center, memory, semiconductor equipment, and analog chip industries will welcome new growth opportunities. Bank of America believes that the memory industry is undergoing structural changes and is likely to break away from the traditional cycle model of 'big ups and downs.' The report points out that the current factors limiting the expansion of memory capacity include not only capital expenditure but also advanced packaging capabilities, cleanroom construction, power supply, and geopolitical factors.
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Bank of America Outlook on Semiconductor Industry: AI Investment Continues to Expand, Storage Cycle Logic May Be Rewritten
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