Texas Wants to Rethink Data Center Construction. Here's the AI Stock Most Exposed.
Texas Governor Greg Abbott's moratorium on new data center construction has raised concerns for cloud companies, particularly Oracle, which has significant operations in the state. However, the moratorium only applies to future projects, leaving current facilities unaffected. Despite Oracle stock being down 40% in 2026, the company's strong cloud revenue growth (30% YoY), diversified legacy businesses, and ability to service its $125 billion debt load suggest it may be well-positioned to weather the regulatory challenges.
