Gokul Hariharan's long-term projections indicate that current trends point to Hyperscaler capital expenditures of approximately $1.4 trillion in 2027 and rising to approximately $3 trillion in 2030, with no significant slowdown expected in data center capital expenditures over the next decade. More crucially, the financing structure is key: the total funding required for related construction over the next few years will amount to approximately $5.5 trillion, with the investment-grade bond market accounting for about $2.1 trillion, representing the largest single source of external funding.
