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Data center capital investment projected to reach nearly $700 billion this year

JPMorgan report says financing is escalating despite rising project risks
Data center investment is rising despite proposals for moratoriums in cities and states across the country. (Getty Images)
Data center investment is rising despite proposals for moratoriums in cities and states across the country. (Getty Images)
CoStar News
August 10, 2026 | 7:22 P.M.

Technology firms and their financial partners are expected to deploy nearly $700 billion in capital investments this year to build up U.S. data center networks, according to a new report from financial services firm JPMorgan.

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