I very much would like to know how much of this presumably ordered (and backordered) hardware (RAM/SSD/.../wafers) is going to end up being released back to the market when the dust settles. I haven't seen any estimations but in order to put all this hardware to work the hyperscalers need to be building data centers at ludicrous speed. That should be appearing in construction data, jobs data, and many other places. Are we actually seeing any of that? Or is it all just based on the back-of-the-napkin math by Mr Altman and Co and they put all the money they got towards the future projects?
As much as 23.1GW of capacity is under construction globally, split across 831 sites. The Americas region hosts 17GW of this capacity, across 311 locations. Europe, Middle East and Africa or EMEA as well as the Asia Pacific (APAC) region trail significantly. APAC has marginally more ongoing construction, with 3.2GW across 283 sites versus EMEA’s 2.9GW across 258. The US alone hosts 15.9GW of ongoing construction.
