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Morgan Stanley analysis predicts agentic AI will shift enterprise value from GPUs to CPUs and memory, potentially creating $60 billion incremental CPU TAM by 2030.

Value migration away from GPU dominance threatens traditional AI economics and opens new infrastructure TAM for memory and CPU providers in the agentic era.
Trade pressSlicast · April 22, 2026 22:00 · Global · Source: livemint.com
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Image / Slicast · Source: livemint.com

Morgan Stanley analysis predicts agentic AI will shift enterprise value from GPUs to CPUs and memory, potentially creating $60 billion incremental CPU TAM by 2030.

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Morgan Stanley analysis predicts agentic AI will shift enterprise value from GPUs to CPUs and memory, potentially creating $60 billion incremental CPU TAM by 2030. · Slicast