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AI Buildout

Indicator Study | Emerging | As of 2026-02-06 | Freshness 60d

AI Buildout is 'emerging' with a composite score of 47.1. The hottest components are Software and compute capex 59.4, Semiconductor supply tightness 40.6.

47.11 Score
60 day(s) Freshness
2026-02-06 As Of

Component Scores

Component Score
Software and compute capex 59.41
Power buildout 37.16
Semiconductor supply tightness 40.65

Current Drivers

Driver Component Score Raw Transformed
Private fixed investment in intellectual property products Software and compute capex 72.68 325.32 34.64
Information processing equipment momentum Software and compute capex 67.59 17.90 17.90
Semiconductor industrial production Semiconductor supply tightness 58.18 176.14 10.30
Private construction spending on power Power buildout 45.09 144171.00 2.91
Private fixed investment in information processing equipment Software and compute capex 37.95 781.60 7.66
Data-processing and hosting payrolls Power buildout 29.23 468.50 -2.88
Semiconductor capacity utilization Semiconductor supply tightness 23.11 72.96 72.96

Metrics

Metric Value
Score 47.11
Freshness Days 60
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 60 day(s) old.

Commentary

The AI Buildout composite index stands at 47.1, signaling an emerging but still modest momentum in AI‑related investment activity.

  • Composite score of 47.1 is below the neutral 50‑point threshold, indicating limited overall expansion.
  • Software & compute capex component scores 59.4, the strongest driver of the index.
  • Semiconductor supply tightness is at 40.6, suggesting constrained capacity but no acute bottleneck.

Caveat: The index relies on a limited set of high‑frequency indicators and is subject to frequent revisions, so short‑term fluctuations may not fully reflect longer‑term trends.