Texas Policy Shift Triggers Ripple Effect, Putting ~45% of Planned US Data Center Expansions at Risk of Pause

Reports from Goldman Sachs and multiple investment banks indicate that tighter regulations and moratoria across Texas and several other states have put roughly 45% of planned US data center expansion capacity at risk of approval delays, with Texas alone accounting for about 25%. Texas has roughly 13 GW of data center capacity directly exposed, leaving around 3 GW of power equipment orders on hold for vendors such as Caterpillar and Cummins. Expected project delays range from 12 to 18 months and have already sparked copycat policy moves in states like Georgia and Ohio.