00:00AI-related stocks are facing renewed pressure after Democrat Gina Hinojosa defeated Texas
00:06Governor Greg Abbott, raising concerns about the future of data center development in one
00:11of the industry's most important markets. Hinojosa has called for a pause on new data
00:16center projects until stronger safeguards are established, while Texas has become a
00:21major hub for the infrastructure powering the AI boom. Investors fear that tougher regulations,
00:27permitting restrictions and limits on electricity demand could slow billions of dollars in planned
00:33construction. The result adds another political risk to an industry already facing questions
00:38about the enormous cost of its AI expansion.
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