President Trump says data centre operators should pay local communities a 'dividend' to make facilities more popular, as public opposition over environmental and financial concerns grows.
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01Summary
- 01Trump posted on Truth Social that data centres should pay a 'dividend' to communities or individuals to win support.
- 02Public opposition to data centre buildout has risen ahead of November's US midterm elections, with several states considering moratoriums.
- 03Data centre stocks have faced pressure this week amid growing concerns about sector indebtedness and the cost of AI infrastructure.
- 04Trump also mandated that new large data centres produce their own electricity and sell excess back to the grid.
- 05HSBC CEO Georges Elhedery advised selectivity in AI infrastructure investment, citing the quality of tenancy agreements and contract pricing.
02Why it matters
The financial and environmental impact of data centres is becoming a local issue that could affect the pace of AI infrastructure rollout, power prices and community relations.
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