US Data Center Construction Spending Jumps 46% YoY to Record $68 Billion

Hyperdash News08/06/2026 19:35 UTCEquities

US data center construction spending increased 46% year over year in June, hitting a record annualized rate of $68 billion. Spending has climbed 158% since January 2024 and has tripled since 2022. Data center construction now exceeds office construction by $25 billion, the widest gap ever recorded.

This surge reflects continued demand for data infrastructure, likely driven by AI and cloud computing growth. The sector's rapid expansion suggests ongoing investment in hardware and related services. On Hyperdash,

CoreWeave is up +0.04%,

NVIDIA Corp. is up +0.00%, and

VanEck Semiconductor ETF is up +0.03% since the news.

Sources

Kobeissi Letter

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