Bloomberg: Kimmeridge says up to 50% of planned US data centers could face delays or cancellations.

This is becoming the greatest bottleneck beyond chips and capital: every project still needs power connections, permits, construction, and local approval.

Political resistance is also becoming a major force, with 61% of Americans opposing new data centers nearby, up from 49% earlier this year.

Texas has paused approvals for new data-center grid connections pending an audit. Pennsylvania has also removed AI data-center projects from fast-track permitting and now requires local approval before state permits can be issued.