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AI Demand Pushes Server and Storage Revenues to $244B in 2024 - HostingJournalist.com

Summary by Hosting Journalist.com
Global demand for AI-powered computing infrastructure has pushed server and storage component revenues to an all-time high of $244 billion in 2024, according to a recent report by the DellOro Group. The surge has been driven by growing investments in GPUs, custom accelerators, high-bandwidth memory (HBM), and storage solutions optimized for AI workloads.Additionally, the recovery of the general-purpose server market, fueled by increasing memory …
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Hosting Journalist.com broke the news in on Thursday, March 20, 2025.
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