The global AI infrastructure market has passed a tipping point. According to a new financial and industry analysis by international agency GlobalData, the key limiting factor in the deployment of AI power is not the direct demand for computing chips, but the hard memory (HBM) shortage, limited power generation, customs barriers and supply chain capacity.
The report is based on the reporting indicators of the largest technology corporations, which recorded a colossal financial jump of DRAM/HBM memory suppliers against the backdrop of a complete sale of production capacity by the end of 2026.
GlobalData analytical report analysis
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📈 Rapid growth in memory. SK Hynix's net profit grew by 397,5% (y/y), Samsung's by 486,7%, and Micron's profit soared by 1,398.3% on revenue growth of 345,7%.
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🔋 Energy barrier. Energy giant Constellation Energy's net profit jumped 1,247.5%, confirming that access to energy networks, not the presence of GPUs, is becoming the main obstacle to the deployment of new DCs.
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🏭 TSMC and NVIDIA trajectory. NVIDIA's profit grew 210,6%, but operating cash flow is being used to pay for TSMC's dedicated H200 lines. TSMC's profit grew 77,4% amid a shortage of advanced technology nodes.
Hyperscaler CapEx, Intel, and Geopolitics Pax Silica
Analysts estimate the current investment cycle as the largest in the peaceful history of the corporate world:
| Company / Initiative | Financial and operational indicator | Strategic influence |
| Hyperscaler CapEx | ~$700–$725 billion in 2026 (+77% to 2025) | Alphabet ($175–190B), Meta ($125–145B), Microsoft ($120–190B) are accumulating record capital. |
| Intel 18A Node | Mass production from January 2026 | Node 18A has reached regular yield (+7%/month). Possible contracts with NVIDIA, MSFT, Apple. |
| 25% duty and BIS | US Section 232 & BIS Licensing | Updated regulations restricted exports of the H200/MI325X to China, allowing only a fraction of orders to be fulfilled. |
| Pax Silica Pact | International alliance of 24 countries (USA, EU, India) | Formation of a closed supply chain for semiconductors and critical minerals outside the zone of influence of the PRC. |
According to Murthy Grandhi, senior analyst at GlobalData, capital expenditures are no longer optional: the market has moved from free trade to the formation of self-sufficient technological blocks.
┌─ +1247.5% │ │Fab Localization │ └─
HiTech Expert Take
GlobalData’s analytical report clearly demonstrates a fundamental shift in the global technology ecosystem: the era of tracking a simplified “accelerator race” has given way to a fierce fight for comprehensive infrastructure resilience. Grid capacity constraints, severe HBM memory shortages, and Pax Silica-level geopolitical agreements are shaping the new rules of the game for Big Tech. In these conditions, companies that have secured access to silicon fabs, localized assembly capacity, and renewable energy will win.
From an engineering perspective, tracking global infrastructure trends and developing advanced communication standards is crucial for the development of GovTech infrastructure and digitalization in Ukraine. As the Ministry of Digital Transformation deploys 60 national registries based on the Diya.Engine constructor and preparing a full AI transition to the Agentic State model, the use of such solutions will increase the sustainability and efficiency of government platforms, including national system "Obriy".
