Larry Fink, CEO of BlackRock, has warned that a U.S. moratorium on data center construction could lead to a recession, emphasizing AI infrastructure investments as critical drivers of capital spending and job creation. Restrictions on data center construction have been considered or implemented in over 100 localities and 15 states. New York has already imposed a statewide pause on new hyperscale facilities. Market participants are reassessing the likelihood of a statewide moratorium in Oklahoma following Fink’s remarks, which are influencing both market sentiment and potential legislative actions.
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