UBS CEO warns of AI infrastructure delays due to political changes
UBS UBS Group AG
$48.96 +2.47%
View chart & analysis → - 1UBS CEO Sergio Ermotti warned that political developments in the United States could trigger a slowdown in capacity construction.
- 2ConstructConnect recorded $9.4 billion in new data center construction starts in September.
- 3The U.S. Census Bureau reported that total U.S. construction spending fell 1.9% annually to $2.19 trillion in September.
So what's the key point?
There is a warning that the pace of building artificial intelligence facilities could slow down as the political situation in the United States changes. Data center construction starts reached $9.4 billion in September.
Source BeInCrypto +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.