New Delhi, April 24 -- Worldwide IT spending will reach $6.31 trillion in 2026, growing 13.5% year-on-year, driven largely by investments in artificial intelligence (AI) infrastructure and software, according to Gartner, a business and technology insights firm.

John-David Lovelock, VP Analyst at Gartner, said the latest forecast reflects accelerating momentum in AI infrastructure and advanced memory. He said as AI workloads scale, companies are ramping up data center investments, increasing demand for high-performance computing.

This trend is creating new opportunities for companies building AI-focused processors and related technologies.

Gartner expects data center systems to see the fastest growth at 55.8% in 2026. Spending on these ...