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AI Buildout

Indicator Study | Emerging | As of 2026-02-06 | Freshness 34d

AI Buildout is 'emerging' with a composite score of 47.8. The hottest components are Software and compute capex 61.6, Semiconductor supply tightness 40.1.

47.75 Score
34 day(s) Freshness
2026-02-06 As Of

Component Scores

Component Score
Software and compute capex 61.59
Power buildout 37.00
Semiconductor supply tightness 40.06

Current Drivers

Driver Component Score Raw Transformed
Private fixed investment in intellectual property products Software and compute capex 72.68 325.51 34.64
Information processing equipment momentum Software and compute capex 70.46 19.50 19.50
Semiconductor industrial production Semiconductor supply tightness 55.78 175.21 9.72
Private construction spending on power Power buildout 44.77 143912.00 2.72
Private fixed investment in information processing equipment Software and compute capex 41.63 786.12 8.28
Data-processing and hosting payrolls Power buildout 29.23 468.50 -2.88
Semiconductor capacity utilization Semiconductor supply tightness 24.34 73.54 73.54

Metrics

Metric Value
Score 47.75
Freshness Days 34
Panel As Of Date 2026-02-06
Source As Of Date 2026-02-01

Charts

Component contribution bars

Component contribution bars

Higher scores indicate more replacement pressure or fragility for this study.

Normalized history panel

Normalized history panel

All lines are scored on the same 0-100 scale using trailing z-scores on a weekly Friday panel.

Notes

  • Higher scores mean the physical and financial AI buildout is running hotter.
  • Quarterly capex series are carried onto the weekly Friday panel to preserve mixed-frequency comparability.
  • Mechanism note: Buildout pressure rises when software and equipment investment, power construction, and semiconductor tightness all run above their trailing norms.
  • Freshness: the stalest source series in this study is 34 day(s) old.

Commentary

AI Buildout remains emerging with a composite score of 47.8, driven by strong software and compute capex (61.6) and moderate semiconductor supply tightness (40.1).

  • Composite index: 47.8 (34‑day freshness).
  • Software & compute capex component: 61.6 (transformed value 34.64, raw private IP investment $325.5 bn).
  • Semiconductor supply tightness: 40.1 (capacity utilization transformed value 73.5).

Caveat: The composite index is forward‑looking but based on a limited set of high‑frequency indicators that may lag turning points.