Goldman sees US data center growth intact despite opposition

What happened: Goldman Sachs said rising political opposition to US data centers has limited near-term impact, with its growth outlook through 2027 largely intact. Key numbers: 2026 year-end capacity forecast raised by 5 GW to 64 GW; 2027 forecast cut by 5 GW to 90 GW. Why it matters: Goldman said project data and updated estimates suggest the growth outlook remains largely unchanged, though public sentiment has turned more negative. The backlash poses a political challenge for Republicans ahead of the November 3 midterm elections.

Goldman Sachs said rising political opposition to US data centers has limited near-term impact, with its growth outlook through 2027 largely intact.

Goldman said project data and updated estimates suggest the growth outlook remains largely unchanged, though public sentiment has turned more negative. The backlash poses a political challenge for Republicans ahead of the November 3 midterm elections.