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Stock impact report

Is Texas ready for the fast-approaching data center boom? [CBS News]

Digital Realty Trust, Inc. (DLR) 
Last digital realty trust, inc. earnings: 2/13 04:50 pm Check Earnings Report
US:NYSE Investor Relations: investor.digitalrealty.com
Company Research Source: CBS News
But the boom comes with a cost. These centers are already among the state's biggest users of electricity and water. In rural communities, where both resources are often limited, the issue has already sparked tension between landowners and tech companies, leaving lawmakers to navigate the delicate balance between moving cautiously and pursuing a potential economic windfall. The data center boom Every question you ask Siri, every chatbot reply, every picture saved to the cloud — it all has to live somewhere. That somewhere is data centers. Data centers are large buildings that house the computers that provide the processing power needed to support our online activity. With the growth of AI, the demand for this computing power is exploding. "We need to keep pace with other countries that are building out rapidly, and we also need to do it to ensure our own national security," said Dan Diorio, vice president of state policy at the Data Center Coalition, an industry trade group. Show less Read more
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