The binding constraint on AI buildout is power delivery, not chips
/Note
US data centre electricity demand is expected to go from about 31 GW in 2025 to 41 GW i...
US data centre electricity demand is expected to go from about 31 GW in 2025 to 41 GW in 2026 and 66 GW in 2027, with Goldman forecasting 95 GW by 2030. But of roughly 16 GW slated for 2026 delivery, only about 5 GW is under construction.