US midterms may result in more political hurdles for data centres

An added wrinkle is the US midterms, with a win by Democrats in either or both houses may result in more political hurdles for data centres.

All of which raises the stakes for earnings this week with Apple, AMD and Palantir set to report in the wake of Intel’s near 29 percent tumble on Friday.

Analysts at Goldman Sachs expect capex by hyperscalers to almost double to US$800 billion this year, and rise further to US$1.2 trillion in 2027.