Gigawatts vs. Bragawatts: 586GW Announced, 199 Real - Mapping Who Is Actually Building America's Data Centers

Everyone has a number for how much of the AI buildout the blue wave just froze.

Goldman says state moratoria could hit about 45% of planned US capacity. Barclays found that 80% of the ~300 GW "high probability" pipeline will sit in states with a Democratic governor next year. Morgan Stanley sized Texas and Ohio at 12 GW through 2030. JPMorgan's Michael Cembalest counted 52.5 GW of 2028 capacity in states whose next governor wants a pause or new conditions. All of them start from the same place: a pipeline of announced projects, to which a political haircut is then applied.