PremiumThe data center build-out is a massive, multi-trillion-dollar and multi-year infrastructure boom on a scale comparable to historic public works projects such as the New Deal in the 1930s.Goldman recently estimated that hyperscalers will spend a staggering $800 billion on data center build-out this year alone, a development viewed as a boon for blue-collar workers. At the same time, many white-collar roles are being automated.
UBS Sees Data Center Buildout Creating Unexpected Tailwinds For These Retail Stocks
"The construction of a data center typically brings significant immediate economic stimulus to the host community..."
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