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Data center construction spend rises 900% in past five years as AI demand reshapes US infrastructure
US data center construction spending surged 900% in five years, hitting $50.7 billion annually as AI and cloud demand reshape the infrastructure
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US data center construction spending surges 46% year-over-year to $68B as AI and crypto miners reshape infrastructure
US data center construction spending hit $68B annualized, up 46% YoY, as Bitcoin miners pivot to AI infrastructure and hyperscalers ramp capex.
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AI capex boom is growing twice as fast as the housing boom did
Apollo's Torsten Slok finds AI data-center capex rising from 1.4% to 3.1% of U.S. GDP by 2027, nearly double the annual pace of the 2002-2005
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Data center construction spend rises 900% in past five years as AI demand reshapes US infrastructure
US data center construction spending surged 900% in five years, hitting $50.7 billion annually as AI and cloud demand reshape the infrastructure