Aug. 26 at 1:55 PM
๐จ Data center stocks face growing political and community backlash over power demand, water use and rising development costs.
๐ข This could favor hyperscalers like Amazon, Microsoft, Alphabet and Meta, which have the financial strength to navigate tougher requirements.
๐ ETFs to watch include
$AIHY,
$MAGS and
$CMAG for concentrated exposure to potential hyperscaler
https://www.zacks.com/stock/news/2979862/data-center-pushback-may-give-hyperscalers-an-edge-etfs-to-consider?cid=sm-stocktwits-0-2979862-oc-39382&ADID=SYND_STOCKTWITS_TWEET_0_2979862_OC_39382