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Wall Street Is Growing Skeptical of the Data Center Boom

Investors are questioning valuations and growth assumptions as data-center developers seek tens of billions of dollars in public markets.

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Lean Right

Amidst mounting community backlash over the construction of artificial intelligence (AI) data centers in the U.S., skepticism regarding the data center industry is spreading to Wall Street in New York. On the 21st (local time), The New York Times reported that while companies operating data centers or supplying power and sites were expected to lead the initial public offering (IPO) market over the next few months, growing investor skepticism is …

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Postponements of offers like those of SB Energy and Holtec reveal the advance of Wall Street skepticism over the boom of data centers

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Several companies linked to the data centers sector postponed their capital opening plans in the midst of the society's growing negative reaction against these facilities, known for high energy consumption

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NZ Herald broke the news in Auckland, New Zealand on Monday, September 21, 2026.
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