Data center investment is surpassing every previous US boom, with a Columbia Business School report projecting $10 trillion in spending and an economic impact of nearly 4% of GDP, almost twice that of the railroad expansion. New data center construction value has more than doubled to $85 billion annually, while all other construction value fell 8%, and new houses and apartments dropped $29 billion as data center value grew $48 billion since 2024. Texas, Virginia, Ohio and Georgia are projected to account for the largest costs, and Nevada has trimmed tax abatements and required data centers to cover energy and water demands. Analysts say AI profitability has yet to catch up with the buildout, and economist Josh Bivens warns that growth relies heavily on one fragile sector.
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Original headline: Data centers are now the largest financial bet in US history - 107 . 3 WRSW Classic Hits
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data centersAI investmentartificial intelligenceUS
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NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.14 |
| Change that session | -1.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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