One industry faces multi-trillion-dollar reckoning after historic midterm election reshuffle

President Donald Trump has thrown the federal government's weight behind massive data centers 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 incoming Gov.Gina Hinojosa.ONE STATE IS GROUND ZERO AS TRUMP'S MULTIBILLION-DOLLAR TECH AMBITIONS FACE A MIDTERM TESTTexas 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.

capacity through 2030.(Anna Moneymaker/Getty Images)Texas was hardly alone in facing growing opposition to data center development.

In Ohio, voters weighed 21 data center-related ballot questions across 18 communities in the midterm elections, more than any other state, highlighting the mounting resistance to America's rapidly expanding AI infrastructure.The results this week are now forcing some developers to reconsider where to invest billions of dollars in future projects as political power shifts."It makes us and our investors pause and think if we should be investing somewhere else," Brittany Kaiser, CEO of Alpha Compute, told Fox News Digital following the Republican bloodbath in Tuesday's election.Kaiser warned that political shifts in traditionally Republican states c...

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Publisher: Fox News

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