Zephyr Forecasts 120 Quadrillion Tokens Next Year

Zephyr, a pseudonymous independent commentator on AI hardware, semiconductors, and infrastructure, stated that total tokens processed will cross 120 quadrillion next year. The analyst added that volumes already exceeded 30Q by the end of Q2 2026. The claim was posted with a link to related research from pequityresearch. The evidence packet records only this assertion by the author and provides no independent confirmation or additional context.