AI infrastructure buildout
US data center construction spending hit a record, alongside power deals and big chip fab ambitions, even as AI sentiment is shaky.
What we know
An account on X reports $96.5B annualized spending (+90% YoY). FT notes a $3.4bn gas-generator deal. Wall St Engine says Musk's Terafab targets 1M wafers/month by 2032. Another account on X flags diminishing returns per dollar.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.