• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

‘Backwards and poor’: Trump issues dire warning to communities blocking critical technology

by August 31, 2026
written by August 31, 2026

President Donald Trump took aim Monday at the growing backlash against data centers, warning that communities that shut the door on the facilities risk missing out on the jobs and economic gains of America’s AI boom.

“The only reason that communities throughout the U.S.A. should not want Data Centers is if they want to end up being backwards and poor,” Trump wrote in a post on Truth Social. “If they want to be successful and rich, with far lower taxes and jobs all over the place, let Data Reign,” he added.

Trump has made energy dominance and U.S. leadership in artificial intelligence central pillars of his second term, placing data centers at the center of his push to maintain America’s edge over China.

“China could not be happier with this anti Data Center movement,” Trump wrote, arguing that resistance to new facilities risks undercutting America’s edge in the global AI race.

ELECTION WHISTLEBLOWER WARNS FOREIGN ACTORS ARE SPENDING BILLIONS TO TURN AMERICANS AGAINST AI

The data center boom has also emerged as a midterm flashpoint, as concerns over rising electricity costs, water use and rapid development collide with promises of jobs, investment and U.S. dominance in artificial intelligence.

That tension is already playing out across the country.

Trump has specifically criticized Texas Gov. Greg Abbott’s approach, calling the Lone Star State’s stance toward data centers a “mistake” and pointing to the economic investment the projects can bring to communities willing to host them.

Texas has cemented its status as a heavyweight in the industry, with Dallas ranking as the world’s No. 1 primary data center market in Cushman & Wakefield’s 2026 Global Data Center Market Comparison. But billions of dollars in new investment have also brought enormous electricity demands and questions over who should pay for the infrastructure needed to support the boom.

Abbott has moved to address those concerns, directing regulators to ensure data centers cover the infrastructure costs needed to serve them and calling on developers to add their own power generation rather than shift costs onto Texas residents.

A SOUTHERN STATE JUST TOOK THE TOP SPOT IN ONE OF THE WORLD’S FASTEST-GROWING INDUSTRIES

Meanwhile, in Pennsylvania, Gov. Josh Shapiro recently imposed new requirements on large data center developments.

Other governors have taken a more restrictive stance. Democratic New York Gov. Kathy Hochul imposed a one-year moratorium on new hyper-scale data centers as states grapple with concerns over electricity costs, grid reliability and the pace of development.

Data centers house the servers and computing equipment that power artificial intelligence and cloud services, requiring vast amounts of electricity to operate and cool. Most Americans may never see the inside of one, but they rely on data centers constantly, often without realizing it.

The growing patchwork of state restrictions and requirements could complicate Trump’s push for rapid data center expansion as communities weigh America’s AI ambitions against concerns over electricity costs, water use and development.

This post appeared first on https://www.foxnews.com

0 comment
0
FacebookTwitterPinterestEmail

previous post
Clintons roasted over intern job listing demanding high level of ‘discretion’: ‘Say no’
next post
El-Sayed torched online after brushing off questions about Hasan Piker campaign ties: ‘What a pal’

related articles

Springsteen, other stars share stage with hardcore leftist...

October 5, 2026

Trump drops Republican Senator’s phone number in social...

October 5, 2026

Firebrand GOP rep: Democrats side with Iran ‘simply...

October 5, 2026

Tennessee prison chief resigns after failed execution as...

October 5, 2026

State’s largest mosque leader’s deportation fight takes dramatic...

October 1, 2026

Trump handing 1 million Americans Obamacare refund checks...

October 1, 2026

Iranian negotiators kicked out of US as talks...

October 1, 2026

10 Democrat-held House seats Republicans could flip to...

October 1, 2026

Trump’s new high-tech government hub holds some bizarre...

October 1, 2026

States leading nation on the biggest education battles...

October 1, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Hang Seng jumps as healthcare and biotech stocks rally despite weak China GDP data

    July 15, 2026
  • Why is ARM stock surging 15% on Monday?

    September 21, 2026
  • ECB study flags limited impact of AI boom on US jobs and wages

    June 22, 2026
  • Rubio confirms ‘foreign actor’ involved in UK terror plot

    September 29, 2026
  • Nvidia stock: this quiet Japan deal could unlock NVDA’s next growth frontier

    July 16, 2026

Popular Posts

  • 1

    Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

    June 5, 2026
  • 2

    CoreWeave stock jumps 10% as analysts see major backlog upside

    June 16, 2026
  • 3

    Dow tumbles 680 points as chip rout sends Nasdaq to biggest drop since 2025

    June 5, 2026
  • 4

    Wedbush makes a strong case for buying the dip in Planet Labs stock

    June 5, 2026
  • 5

    Wedbush makes a strong case for buying the dip in Planet Labs stock

    June 5, 2026

Categories

  • Editor's Pick (711)
  • Investing (1,781)
  • Stock (90)

Latest Posts

  • World Cup trophy to travel in a bespoke Louis Vuitton trunk to stadium

    July 19, 2026
  • Trump’s Bedminster turf could make or break his last two years in the White House

    August 24, 2026
  • Marvell stock gets fresh boost as UBS raises price target on AI-driven CXL demand

    June 29, 2026

Recent Posts

  • Nasdaq hits record high as tech stocks rise despite Treasury yields

    October 5, 2026
  • DraftKings stock jumps 11% as prediction markets volume surges

    June 9, 2026
  • Top reasons why South Korea’s KOSPI Index is falling today (Sept. 14)

    September 14, 2026

Editor’s Pick

  • Meta just triggered a crash in MongoDB stock

    September 28, 2026
  • This red state is strengthening its grip as America’s next economic heavyweight

    July 26, 2026
  • Gov. Josh Shapiro takes a hard line against ‘predatory’ data center developers in Pennsylvania

    August 19, 2026
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock