A strong pace is expected for the US economy last quarter, thanks to a crucial engine: AI technology. As hiring remains slow and traditional growth drivers like housing stall, business investment in equipment and software has surged. Data centers are one rare bright spot for US builders. Even tech giants saw significant capital spending increases, with just three companies accounting for $78 billion of investments, more than double the previous year’s figure.
Source: https://www.bloomberg.com/news/articles/2025-10-31/ai-boom-drives-us-gdp-growth-higher-stock-prices