Led by large-scale data center operators Amazon, Apple, Google, Facebook and Microsoft, 2018 broke the record for the most Capex spent on data centers in a single year with an astounding $120 billion.

Hyper-scale operator Capex spending on building and equipping data centers hit $28 billion in the second quarter of 2019, up from $26 billion in the first quarter of 2019, led by Amazon ...