How AI Is Supercharging American Industrial Spending

Core Insights - The U.S. is entering a significant era of domestic business spending and investment, particularly in Private Nonresidential Fixed Investment (PNFI), which reached $8.8 trillion by September 2025, indicating a substantial increase from previous years [1] - Factors driving this increase include tariff tensions prompting companies to rethink supply chains, favorable federal policies, and ongoing rate cuts from the Federal Reserve, alongside a surge in artificial intelligence (AI) adoption [1] - The Alger AI Enablers & Adopters ETF (ALAI) aims to provide investors access to companies involved in AI infrastructure and adoption, attracting over $245 million in net flows in 2025 [1] Group 1: Investment Trends - PNFI represents business spending on productive assets such as structures, intellectual property, and equipment, showing a significant rise in announced spending [1] - The increase in PNFI spending is expected to create opportunities for investors to capitalize on the growth in AI infrastructure and related sectors [1] Group 2: AI Adoption and Investment - The ongoing AI adoption is driving demand for infrastructure, which includes power needs, part fabrication, and R&D funding [1] - ALAI focuses on companies that are either developing AI infrastructure or successfully integrating AI technologies to enhance their operations [1]