Data Center Capex Enters a New AI-Driven Phase

Worldwide data center capital expenditure surged 92% year-on-year in Q2 2026, as accelerating AI infrastructure investment pushed spending higher across servers, storage, networking, and physical infrastructure , according to new research from Dell’Oro Group. Rising memory and storage prices also lifted server average selling prices, adding further momentum to overall capex. The global acceleration is closely aligned with a rapidly expanding Middle East data center market, where Gulf economies a