US data center construction spending has now topped a $50B annualized rate, driven by AI Infra demand
US data center construction spending has now topped a $50B annualized rate, driven by AI Infra demand
From March 2022 to March 2026, data center construction spending surged 336%, from ~$11B to ~$50B
Over the same period, general office construction fell 34%, from $65B to ~$43B
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