Wall Street's skepticism toward the data center boom

Summary

Concerns about the rapid expansion of data centers have grown as companies continue to build large facilities, often facing opposition from local communities and environmental groups. The backlash has led to discussions in Washington and increased scrutiny of the industry's impact on the environment and local infrastructure. Some companies, like Amazon, have attempted to address concerns, but their efforts have not fully quelled criticism. The construction of data centers has also raised questions about the long-term viability of the industry, with some investors expressing doubts about its growth and risks. The debate continues as cities and states weigh the economic benefits against environmental and social costs.

Latest: Wall Street is growing skeptical of the data center boom as concerns about the industry's growth expectations and associated risks are voiced by some investors.

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