Institution: The U.S. economy has not declined as expected, and AI may be a major contributor

ChainCatcher news, according to analysis reports from foreign media, for the second time in three years, concerns about a recession in the U.S. economy have once again been contradicted by reality. This time, the surge in artificial intelligence (AI) may be a major contributor.

As generative AI enters its third year, its financial impact is no longer limited to the stock prices of chip manufacturers. The explosive growth in data center construction and overall capital expenditures is "beautifying" U.S. GDP data in astonishing ways. Jason Thomas, Chief Investment Strategist at Carlyle Group, pointed out that this capital expenditure represents an effective re-industrialization of American companies, shifting their focus from software and intangible assets to investments in factories, machinery, and energy, which is unprecedented. The impact on GDP is significant.

Thomas estimates that AI-related spending alone could contribute one-third of the U.S. GDP growth rate in the second quarter of this year. Moreover, orders in related industries continue to expand at an annual growth rate of over 40%.