The Materials Boom Behind the AI Buildout

The materials space is poised to benefit from huge investments in infrastructure, driven by AI data center capex and fiscal stimulus, at the same time benefitting from an increasingly favorable regulatory backdrop. Whether you’re producing this infrastructure, you need things like steel, copper, cement. AI data center demand and increasing electrification is taking us from an era where power demand was flat to hardly growing, to one where power demand is scheduled to grow 2% to 3% annually. This is going to require huge investments in power infrastructure. U.S.-based materials producers are poised to benefit from this demand.

Filmed March 2026

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