A stunning upset in the Texas governor race and sweeping Democratic victories across the country threaten to curtail the biggest-ever spending boom in US history.
That could disrupt a key growth engine for America’s economy.
Come January, states controlled by Democrats who support expanding or extending AI construction moratoriums will account for 45% of America’s planned data center capacity, according to Goldman Sachs. A quarter of America’s planned AI infrastructure buildout is set to take place in Texas alone.
