Tatton says data centre curbs could boost AI hyperscalers' profits
QQQ•Tatton Asset Management says proposed Democratic moratoriums on new data centre planning approvals could constrain future computing capacity and support large cloud providers’ profits, while previously approved projects proceed.
1. Potential effect on cloud firms
Tatton Asset Management views fears of an AI bubble bursting as overdone, despite Thursday’s global technology stock selloff. It says proposed Democratic moratoriums on new data centre planning approvals could constrain future computing capacity, while previously approved projects would proceed; limits on future construction could curb building costs and support cloud providers’ profits.
2. Bond yield context
The brief says reduced risk of debt-fueled AI investment overheating the economy has helped lower global bond yields, alongside falling oil prices.
