Greg Abel, CEO of Berkshire Hathaway, highlighted the growing resistance to data center construction across the U.S. in an interview with CNBC. The conglomerate is interested in supplying power and electricity to these facilities, provided it does not impact rates for other customers. New York State has enacted a moratorium on data center construction while other states are considering similar restrictions. There are approximately 4,700 data centers in the U.S., a number that continues to grow. Mizuho analysts believe this issue could influence upcoming midterm elections.
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