Voters sent a clear message about data centers on Tuesday. We take it seriously. But data centers are one node in a larger AI-infrastructure build: chips, networks, power, cooling, sites and the capital that funds them. We have to look past the heavy rhetoric to what the policy can actually do.
There’s always plenty of downside catalysts, but after a healthy earnings season and nearing shutdown resolution – there are some positive longer term catalysts in that “investors can begin to focus on what is in front of them.
