According to @milesdeutscher, citing The Kobeissi Letter, US data center construction rose 18.5% year over year in October 2025 to a record 42 billion annualized, just 3 billion below office building spending of 45 billion (source: @milesdeutscher quoting The Kobeissi Letter). The source adds that data center spending has tripled since the ChatGPT launch in November 2022 while office building construction fell 40%, and projects data center construction could surpass office building levels as early as this year (source: @milesdeutscher quoting The Kobeissi Letter). Based on the source-reported construction surge and rotation away from office builds, traders may focus on AI infrastructure exposures such as leading accelerators, networking, power and cooling suppliers, and data center REITs, with watchlists commonly including NVDA, AMD, AVGO, DLR, and EQIX as beneficiaries of elevated build-out demand (analysis anchored to @milesdeutscher citing The Kobeissi Letter).

According to The Kobeissi Letter, US data center construction rose 18.5% year over year in October 2025 to a record 42 billion annualized and now sits just 3 billion below office building spend. According to The Kobeissi Letter, spending on data centers has roughly tripled since the ChatGPT launch, highlighting accelerating demand for AI infrastructure. According to The Kobeissi Letter, traders may watch data center REITs, power and electrical equipment suppliers, utilities, and AI semiconductor and server vendors for potential beneficiaries of continued build out.

According to @danheld, Sen. Bernie Sanders said he will push for a moratorium on the construction of data centers powering AI development and deployment, as shown in Sanders’ video post on X dated Dec 17, 2025, which @danheld shared on X. Sanders framed the moratorium as giving democracy time to catch up and ensuring the benefits of technology work for everyone, not just the top 1%, per his video statement on X. This is a stated policy intention posted on X rather than an enacted measure, making it a headline for traders to monitor regarding potential constraints on new AI data center builds in the U.S., based on Sanders’ X post and @danheld’s X post.

According to @KobeissiLetter, US private nonresidential fixed real investment in data centers has surged about 300% over the last three years while inflation-adjusted nonresidential investment in structures excluding data centers has barely grown, highlighting AI infrastructure as the dominant capex driver (source: @KobeissiLetter). For trading, this concentration in AI-related capex supports momentum monitoring in AI hardware suppliers, data center REITs, and power-linked equities, and it frames a watchlist for crypto miners whose operations are tied to high-density compute and electricity availability, with potential knock-on effects for BTC and ETH market sentiment during capex cycles (source: @KobeissiLetter). Positioning can track the persistence or reversal of this data center investment trend, as AI- and compute-exposed assets are likely to be most sensitive to any shift in the capex trajectory identified in the data (source: @KobeissiLetter).

According to @business via a Bloomberg tweet on Oct 31, 2025, the race to build AI data centers is so intense that the owner of a hospital-turned haunted house is exploring a conversion, underscoring hyperscale demand for suitable sites and power. According to @business via the same Bloomberg report, this signals sustained demand for data center-ready real estate and grid capacity that traders track across colocation providers, utilities, and power equipment names. According to @business via Bloomberg, the accelerating build-out heightens competition for sites and electricity that BTC miners and AI operators both require, making regional interconnection queues, power pricing, and capacity updates key risk indicators for crypto-exposed infrastructure plays.

According to @StockMKTNewz, citing the Wall Street Journal, OpenAI outlined a vision to spend at least $1 trillion building AI infrastructure across the United States (source: WSJ via @StockMKTNewz). For equities, NVIDIA reported record Data Center revenue driven by generative AI demand, underscoring direct exposure to AI infrastructure cycles (source: NVIDIA Q2 FY2025 earnings release). AMD guided approximately $4 billion in 2024 AI accelerator revenue from its MI300 family, highlighting expanding supply-chain participation (source: AMD Q4 2023 earnings call). For crypto, AI-focused tokens such as RNDR and FET materially outperformed the broader market in Q1 2024 during heightened AI and chip headlines, indicating narrative sensitivity within digital assets (source: Binance Research, State of Crypto Q1 2024).