Asked by the host about a chart comparing the AI buildout with earlier buildouts as a share of GDP, Dylan Patel said "next year um capex across the US will be on the order of $2 trillion", including "not just data centers and chips but also all the rest of the supply chain that people are investing in" (01:58 to 02:10).

The exact words it rests on

(01:58) if you look at like next year um capex across the US will be on the order of $2 trillion uh include not just data centers and chips but also all the rest of the supply chain that people are investing in. Um so you're close to $2 trillion of capex.

What the source said when we opened it, on 11 Oct 2026.

The source

Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis, With Dylan Patel and Jordan Nanos
Alex Kantrowitz (Big Technology) · 2026-10-09

Open the sourcearchived copy

Checked

Checked by the notis newsroom on 11 Oct 2026, against the source above.

In the story

SemiAnalysis's Patel: a trillion in AI capex needs $250 billion of revenue a year 11 Oct 2026

Said aloud in a video: the quote, word for word.