AI Data Insight
In the first quarter of 2026, the U.S. nominal nonresidential private investment quarter-over-quarter annualized growth rate dropped to 1.9%, a significant pullback from the previous 4.3%. Although the market estimated strong investment in AI and data center equipment, high interest rates suppressed spending on physical structures, leading to a weaker overall performance. Moving forward, under the dual pressures of geopolitics and inflation, traditional capital investment still faces downside risks.