How AI Data Center Activism Can Affect Tech Stocks
2026-04-20 15:05:00 ET
Not everyone is happy about artificial intelligence (AI) data centers , and that can create new winners and losers in the stock market. While hyperscalers herald these investments as the next wave of technological evolution, the construction of these data centers disrupts communities.
While data center construction is nothing new, AI data centers are gobbling up land, energy, and resources at a rapid pace. This whirlwind of activity has generated enough backlash to curb some AI data center ambitions.
For instance, shots were fired at an Indianapolis councilman's home and a "No Data Centers" note left at his front door. Residents in a small Missouri town promptly voted out four of its eight city council members after the council approved a $6 billion AI data center project. A petition is gaining momentum that would remove the remaining council members and the mayor.
NASDAQ: IREN
IREN Trading
-13.96% G/L:
$52.8901 Last:
32,074,040 Volume:
$59.31 Open:



