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The AI Power Bottleneck: Data Centers Meet the Steel Monopoly
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The AI Power Bottleneck: Data Centers Meet the Steel Monopoly
The scramble for AI dominance has collided with a physical reality: the U.S. power grid is hitting a structural “chokepoint.” While tech giants spend billions on GPUs, their massive data center projects are increasingly stalled by a shortage of the one thing they can’t code their way out of—high-power transformers. At the center of this crisis is Cleveland-Cliffs, the sole US domestic producer of the grain-oriented electrical steel (GOES) requir…
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