Texas Data Center Moratorium: Key Meeting Next Week; Watch These S&P 500 Stocks

Texas Gov. Greg Abbott went from being one of the biggest boosters of data centers to becoming the second governor to impose a data center moratorium, on Aug. 3. Last November, Abbott announced a $40 billion investment by Google parent Alphabet that would make Texas the "epicenter of AI development." Recent polls show a close race for governor against state Democratic Rep. Gina Hinojosa, who has seized on public opposition to data centers.