One industry faces multitrillion-dollar reckoning after historic midterm election reshuffle
Fox News · Amanda Macias ·
Donald Trump backed AI data centers, but Texas Democrats' historic midterm sweep now threatens billions in planned projects across the state.
President Donald Trump has thrown the federal government's weight behind massive data center build-outs needed to power the country's artificial intelligence (AI) boom. But a historic Democratic sweep in Texas has put one of the nation's biggest AI infrastructure hubs under new political leadership, raising questions about the future of billions of dollars in planned investments.
The victories marked a historic midterm night for Texas Democrats, who captured the governor's mansion for the first time in more than three decades and won a U.S. Senate seat for the first time since 1988.
Texas is poised to overtake Virginia as the nation's largest data center market and is projected to account for roughly a quarter of new U.S. data center power capacity through 2030. With at least 248 projects planned across the state, investment bank Jefferies estimates that 13.3 gigawatts of announced developments could be at risk under a moratorium backed by Gov.-elect Gina Hinojosa.
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