SemiAnalysis: Datacenter Backlash Turns Bipartisan as Midterms Put 2028 Buildout at Risk

SemiAnalysis argues the 2027 US datacenter boom is largely locked in, with about three-quarters of the 33.8 GW due across its top 20 states already under construction, while the real election risk sits in 2028, when its model projects 62.2 GW of US net additions, most not yet started. It tracks 13 states holding 43.5 GW, or 70% of expected national capacity, and finds nine of 20 midterm nominees want a pause on new construction while 11 want conditions, split roughly evenly by party. The biggest near-term risk is a prolonged permitting freeze at Texas' TCEQ, since Texas alone adds close to 30% of US GW in 2028.