Berkshire (BRK.A) CEO Discusses Data Center Construction Resistance

Published on 9/2/2026 · Source: cnbc.com

#BRK.A #DataCenters #Investing #MidtermElections

Berkshire (BRK.A) CEO Discusses Data Center Construction Resistance

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Berkshire Hathaway CEO Greg Abel highlighted increasing opposition to data center construction in the U.S. during an interview with CNBC. He noted a growing pushback from communities and discussed the company's interests in power generation for these facilities. Currently, there are about 4,700 data centers in the U.S., with several states imposing bans on new constructions due to concerns over resource consumption. This trend may impact investment sentiment ahead of the upcoming midterm elections, as analysts suggest that investors are paying attention to the political landscape regarding data centers.

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About Berkshire Hathaway Inc. (BRK.B)

Berkshire Hathaway is the diversified holding company led by Warren Buffett, owning insurance, railroad, energy, and consumer businesses plus a large equity portfolio. Class B shares are the more affordable, lower-voting class.

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