Part 4/10:
A central theme in Wong’s outlook revolves around the exponential growth in demand for computational capacity. He highlights that the world currently requires approximately 122 gigawatts (GW) of compute power, with a projected need to double that to around 250 GW by 2030. This relentless demand is fueling a surge in capital expenditures (capex) from major cloud providers and tech giants such as AWS, Azure, Google, Meta, and Oracle, which have collectively committed around $410 billion for 2025—representing a 7% increase over current spending.