Data-center construction spending jumps 90 percent to record $96.5 billion, Charlie Bilello notes

Data-center construction spending jumps 90 percent to record $96.5 billion, Charlie Bilello notes
Data-center spending surges to record high

Data-center construction spending has increased by 90% over the past year, reaching a record $96.5 billion.

Charlie Bilello, chief market strategist at Creative Planning, LLC, highlighted this surge and pointed out that voters are increasingly pushing back against the rapid expansion of data centers. Bilello also raised the question of what the potential impact on the economy could be if the current artificial intelligence spending boom were to slow.

Bilello has recently tracked other major financial trends, including noting that bitcoin and gold were the worst performing major assets in 2026. He also reported on Tesla’s latest results, with revenue remaining flat at $28 billion while net income declined. These observations provide context for his current focus on data-center investment and its potential economic effects.

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