AI Data Insight
In the third quarter of 2026, the quarter-over-quarter contribution of US private nonresidential investment to GDP reached 1.78 percentage points, a significant jump from the previous 1.15 and marking a third consecutive quarter of growth. This strong performance was primarily driven by massive corporate capital expenditures on AI infrastructure and data centers, pushing the overall GDP growth rate to 3.4%, beating the market consensus of 3.2%. Looking ahead, tech giants' investments in computing power will continue to provide support in the short term, but attention must be paid to the potential backlash of the lagging effects of high interest rates on medium-to-long-term corporate expansion.