Data center construction spending surged in July
Summary
Spending on building AI data centers in the U.S. rose sharply in July, reaching an annual rate of over $75 billion. This increase reflects growing efforts to build large structures that will house the equipment used for AI computing.Key Facts
- Data center construction spending grew at an annual rate of nearly 60% compared to July 2025.
- The $75 billion figure represents the value of construction work done in July alone.
- The spending covers only the building of the large "shell" structures, not the expensive computer equipment inside.
- These structures will hold servers, processors, memory chips, and fiber-optic cables needed for AI.
- Construction costs make up about 20% of the total cost to build a fully equipped data center.
- The rise in spending shows increased activity in AI infrastructure despite growing political concerns.
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