President Donald Trump urged New York to reverse its one-year hyperscale data center moratorium, after public disclosures showed he bought $500,000 to $1 million of Equinix stock on February 10. Gov. Kathy Hochul signed the order on July 14 to pause state environmental permits while regulators review energy, water and community impacts, according to New York officials.
The order creates the first statewide moratorium on new hyperscale data centers and directs a regulatory review lasting up to one year.AP reported that Trump has warned states against AI-industry regulations, arguing they could hinder job growth and U.S. competition with China.Data Center Dynamics reported Trump bought shares in data-center-related companies; the Trump Organization said his accounts are managed by third-party financial institutions without his input.Relevant Companies
Equinix (EQIX): Data center operator named in Trump’s reported stock purchase.Digital Realty (DLR): Data center REIT exposed to permitting and development rules.CoreWeave (CRWV): AI cloud provider operating data centers across North America and Europe.
