ViralTopic

Memory dominating hyperscaler CapEx

April 5, 2026SemiAnalysis

SemiAnalysis says memory is taking over hyperscaler CapEx, estimating memory spend rises from about 8% in 2023-24 to 30% in 2026, a near 4x shift in four years.

Memory is taking over Hyperscaler CapEx.
memory was ~8% of total Hyperscaler spend
We estimate it hits 30% in CY26
That's a near-4x shift in just four years.
SemiAnalysis
hardwarecapexmemory

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