Morgan Stanley: AI Race Hinges on Power and Data-Centre Access, Not Chip Supply

Morgan Stanley's equity research says the race to expand AI may increasingly depend on which companies can secure electricity, financing and data-centre infrastructure, rather than on chip supply alone. It estimates US data-centre developers could face a 32-gigawatt power shortfall through 2028, about 34% of projected requirements, even after additional generation. The report says data-centre energization is concentrating among a handful of large, credit-worthy players.

Source: Mint ↗