JUST HOW ROSY IS THAT DATACENTER BUILDOUT FORECAST ?

What happened: A Jeffries forecast with Aterio examines US datacenter spending from 2026 through 2030, with base, bull, and bear variants. Jeffries cites supply chain, labor, and regulatory constraints on bringing capacity online. Key numbers: About 65 IT GW of datacenters under construction, roughly 140 percent of Why it matters: Datacenter and power utility construction is counterbalancing declines in commercial and residential construction in the US. Jeffries expects many announced projects to be delayed or canceled, so spending forecasts may not translate into installed capacity.

A Jeffries forecast with Aterio examines US datacenter spending from 2026 through 2030, with base, bull, and bear variants. Jeffries cites supply chain, labor, and regulatory constraints on bringing capacity online.

Datacenter and power utility construction is counterbalancing declines in commercial and residential construction in the US. Jeffries expects many announced projects to be delayed or canceled, so spending forecasts may not translate into installed capacity.