# AI & Compute News, Oct 12, 2026: SemiAnalysis' Patel Sees US AI Infrastructure Spending Nearing $2 Trillion Next Year

> SemiAnalysis founder Dylan Patel estimates US AI-related capital expenditure could approach $2 trillion next year, or 5% to 6% of US GDP. He says the market…

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- **Updated:** 2026-10-12
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## Key data

- **Desk:** AI & Compute
- **Date:** Mon, Oct 12, 2026
- **Stories:** 6
- **Outlets cited:** 6
- **Items screened:** 12
- **Freshness:** last 48h

SemiAnalysis founder Dylan Patel estimates US AI-related capital expenditure could approach $2 trillion next year, or 5% to 6% of US GDP. He says the market underestimates the buildout despite limits on power, capital and construction. ## Patel: AI buildout is larger than the market assumes On the Big Technology Podcast, SemiAnalysis founder Dylan Patel and analyst Jordan Nanos said investment in AI data centers, GPUs, power and chip supply chains has entered a trillion-dollar era. Patel estimates relevant US capital expenditure next year could approach $2 trillion, equal to 5% to 6% of US …

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## Sources

1. [SemiAnalysis Founder Dylan Patel: AI Infrastructure Investment Severely Underestimated, Real Returns Go Beyond Tokens](https://www.tradingkey.com/analysis/stocks/us-stocks/262210045-ai-infrastructure-trillion-dollar-capex-semianalysis-dylan-patel-tradingkey)
2. [Meet the Only AI Stock I'd Buy Over Nvidia in October](https://www.fool.com/investing/2026/10/11/meet-the-only-ai-stock-id-buy-over-nvidia-in-octob)
3. [Can Custom AI Chip Demand Keep Broadcom (NASDAQ:AVGO) Soaring?](https://kalkinemedia.com/us/stocks/artificial-intelligence/can-custom-ai-chip-demand-keep-broadcom-nasdaqavgo-soaring)
4. [After AI Data Centers, Memory-Chip Makers See Their Next Boom in Robots](http://koreabizwire.com/after-ai-data-centers-memory-chip-makers-see-their-next-boom-in-robots/360759)
5. [India's semiconductor sector sees M&A, investment surge for AI data centers, ETDatacenters](https://datacenters.economictimes.indiatimes.com/news/ai-compute-infrastructure/indias-semiconductor-sector-sees-ma-investment-surge-for-ai-data-centers/134884279)
6. [As the artificial intelligence (AI) agent market grows rapidly, the positions of commerce platforms ..](https://www.mk.co.kr/en/it/12173227)

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