Agency: The US economy did not decline as expected, and AI may be the main reason

Planet Daily News: According to foreign media analysis, for the second time in three years, external concerns about a U.S. economic recession have been contradicted by reality. This time, the artificial intelligence (AI) boom may be the primary contributor. As generative AI enters its third year, its financial impact is no longer limited to chip manufacturers' stock prices. Data center construction and overall capital expenditure are dramatically "beautifying" U.S. GDP data. Jason Thomas, chief investment strategist at Carlyle Group, pointed out that this capital expenditure represents an effective reindustrialization by U.S. companies, shifting focus from software and intangible assets to factories, machinery, and energy investments, which is unprecedented. The impact on GDP is enormous. Thomas estimates that AI-related spending alone may have contributed one-third of the U.S. GDP growth in the second quarter of this year. Moreover, orders in related industries continue to expand at an annual growth rate of over 40%.