AI's next bottleneck is in Texas
From The Weekly Fix · 06:23
Show by RBC Global Asset Management (U.S.) Inc.
What if the midterm result that matters most for AI infrastructure isn't in Congress at all?Andrzej Skiba, Head of U.S. Fixed Income on the BlueBay U.S. Fixed Income team, breaks down the implications for markets.📊 The Texas governor race outcome carries major implications for AI data center development💡 Slower permitting creates clear winners and losers across the entire compute supply chain⚠️ Careful credit selection is paramount in the current environmentThe midterm results shifted the political balance in Washington, but the real story for fixed income markets lies in a single state race that few saw coming. The downstream effects on data center permitting touch hyperscalers, neoclouds, and chip manufacturers in very different ways.
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