
""It's wonderful that the jobs are related to tradecraft, and we're going to have plumbers and electricians and construction and steel workers,""
""Salaries have gone up, nearly doubled, and so we're talking about six-figure salaries for people who are building chip factories or computer factories,""
""the tools required by the men and women who keep the American Dream alive.""
High capital expenditures reflect an infrastructure buildout rather than a financial bubble. The expansion centers on building AI factories, chip plants, and data centers that require significant physical construction and specialized trades. Demand for plumbers, electricians, construction workers, and steelworkers has risen sharply as the industry accelerates installations. Wages for manual labor have increased substantially, nearly doubling in some roles and approaching six-figure levels for factory and data-center builders. The sector faces a severe shortage of skilled tradespeople. Partnerships and workforce-development efforts aim to strengthen training and reinvest in the hands-on workforce that supports the economy.
Read at Fortune
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