Demand for data centers is not slowing down

Cloud computing providers, chip makers, server makers, and even construction companies like Caterpillar all boasted stellar quarterly earnings, sending the message that demand for the development and upkeep of AI is still surging. However, the question remains whether the tech giants pouring cash into data centers will see a return on these enormous investments. But first: Tomorrow we get July’s retail reports, and analysts predict that they’ll show they same thing we’ve been seeing for months: Even though consumers are stressed, they’re still spending. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.