Construction Spending on Data Centers, Factories, Chip Plants, Powerplants, Office Buildings: Boom one End, Bust the Other

Of the trillions of dollars to be sunk into the AI-related capital expenditure mania – nearly $3 trillion through 2028, per a research report by PitchBook today – only a small portion is going to the actual construction costs of data centers, which is what we track here, but they nevertheless show the trend of the AI spending mania.