Bank of America: OpenAI's $665 billion target computing power expenditure by 2030 will boost AI stocks

GateUser-6433627c · 2026-02-24T14:04:49+00:00

Bank of America指出，OpenAI plans to achieve $283 billion in revenue by 2030, predicting that the demand for AI in advertising and cloud computing will grow, potentially challenging giants like Google and Meta. Computing power expenditure also presents opportunities for cloud service providers, although profit margins may be pressured in the short term, benefiting long-term growth.

GateUser-6433627c

2026-02-24 14:04:49

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On February 24, Bank of America noted that OpenAI’s revised goal—reaching $283 billion in revenue and $665 billion in computing expenditure by 2030—demonstrates the huge demand for AI in advertising, cloud computing, and productivity. This move could generate $45–75 billion in advertising revenue, challenging giants like Google, Meta, and Amazon. At the same time, OpenAI’s partner-led computing strategy also presents opportunities for large cloud providers to supply AI infrastructure. Bank of America believes that although rising computing costs may pressure short-term profit margins, these trends will strengthen the long-term growth of the internet and cloud platforms.

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