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Goldman CEO warns of data center election volatility

Goldman Sachs CEO David Solomon stated that political volatility around artificial intelligence data centers could emerge ahead of upcoming midterm elections. He noted that growing financing needs and local community opposition may also impact project returns.

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David Solomon, CEO of Goldman Sachs, arrives for a state dinner held by US President Donald Trump and first lady Melania Trump for Chinese President Xi Jinping and his wife, Peng Liyuan, in Washington, D.C., US, September 24, 2026. REUTERS/Aaron Schwartz

Goldman Sachs Group Inc CEO David Solomon warned on Tuesday afternoon that upcoming elections could drive local volatility for artificial intelligence data centers. The remarks arrive as escalating financing costs threaten project returns across the industry. Solomon said political shifts create regulatory uncertainty for developers nationwide.
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