AI Drives Data Center Construction Surge

US data center construction has surged 228% since November 2022 as hyperscalers ramp capital expenditures to support AI workloads, Benzinga reported in 2026. Concurrently, general office construction value fell 13% year-over-year to $43.5 billion and overall office builds declined 38%, the lowest level since October 2015. Amazon and Meta underperformed in 2026 (AMZN down 9.56% YTD; META down 8.06%).
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