WSJ: ING Says the US AI Investment Craze Now Accounts for a Third of American GDP Growth in 2026

WSJ reports that data-center and AI-tech spending is offsetting the energy-crunch drag on the global economy, with ING economist James Knightley estimating that AI investment now accounts for roughly one-third of US GDP growth this year. ING's underlying analysis flags a $40B monthly semiconductor trade deficit and notes that only 2-3% of US households currently pay for AI subscriptions — the growth is capex and wealth-effect driven, not consumer.