Georgia is the 'underappreciated risk' for data center backlash

Yahoo Finance · Brian Sozzi ·

Keep your eyes on this key AI state in the wake of the midterm elections.

The AI trade has kept its eyes on the data center-heavy state of Texas in the wake of the midterm election blue wave that saw data center critic Gina Hinojosa take over as governor from Republican Greg Abbott.

But investors would be wise to pay equal — or more — attention to Georgia to see how the political winds are blowing for data centers there.

"Georgia may be the underappreciated risk," Bernstein analyst Madison Rezaei said, adding that "Atlanta has become an extremely popular market with big investment from a range of credible developers, including both Digital Realty Trust (DLR) and Equinix (EQIX)."

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