AI turbocharged the stock market. Now it’s firing up the economy.

The article argues that the AI investment boom is no longer just lifting tech stocks; it is also supporting U.S. economic growth. Massive spending on chips, memory, and data-center infrastructure added 0.8 percentage point to Q1 2026 GDP and 0.7 point in Q4 2025, with equipment investment projected to remain one of the fastest-growing GDP components. The piece says AI-related capital spending has become comparable to the dot-com era in scale and is contributing to higher inflation in technology inputs, electricity, and electronics. Nvidia’s planned $25 billion bond sale is cited as evidence of continued industry expansion. The market impact is broadly bullish for AI-linked equities and supportive for the broader stock market, though it also raises inflation concerns.