Morgan Stanley sees US data center costs climbing to $49B per gigawatt
Photo: Crypto Briefing
Pricier chips, scarce materials and tight labor are pushing the cost of AI infrastructure sharply higher, according to the bank's analysts Building the physical backbone of artificial intelligence keeps getting more expensive. Morgan Stanley now estimates that an all-in US data center built for the Vera Rubin era will cost approximately $49 billion per gigawatt of capacity. The estimate comes from a July 2026 report led by Morgan Stanley analyst Brian Nowak.
Source: Crypto Briefing
