Can Nvidia's Stock Survive the Growing Nationwide Data Center Backlash?
With data center construction delayed or canceled, what happens to Nvidia's shares?
Overview
With primary season drawing to a close, the midterm elections are heating up in earnest. And one big issue has emerged as a flashpoint in races for government offices across the country: data centers.
According to reporting from Politico, politicians such as Pennsylvania Gov. Josh Shapiro, Texas Gov. Greg Abbott, and Ohio Sen. Jon Husted are finding themselves in hot water over their past support for bringing data centers to their states. Their opponents see this as an opportunity to hammer them for an unpopular stance.
Details
Meanwhile, communities across the country have been successfully pressuring local lawmakers and zoning boards to outlaw future data centers and even revoke data center permits that have already been approved. The backlash is expected to result in big headaches for developers and big delays in the nationwide data center build-out.
Source
Originally published at www.fool.com.