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StableIndustryBusinessReported 2026-10-28 00:24

AI Infrastructure Spending Drives Core Capital Goods Growth

New orders for nondefense capital goods excluding aircraft increased by 0.5% in September, with AI infrastructure driving the growth, according to Census Bureau data.

Why it matters. Business investment in AI infrastructure continues to drive growth in core capital goods, indicating robust spending on technology and equipment.

01

Who and what it touches

Alphabetinvests inMeta Platformscapex exposureelectricitysupply constraintAmazoninvests incomputepart ofCoolingrequiresdata movementdepends onGreen data center inf…drives demand forAI infrastructu…

Into AI infrastructure

From AI infrastructure

Each line is a relation with evidence behind it, drawn in the direction it points. A line shows that two things are connected, not how far this change reaches.

02

Evidence

  • PPYMNTSMedia2026-10-28 00:24
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