Trump calls for data center deals

President Donald Trump urged data center companies to strike financial deals with local communities to ensure support for costly facilities.

Pay communities a dividend, Trump says

Trump said data center operators should pay communities and individuals within them a dividend to make the facilities more popular.

“MAKE DEALS, and get them built!!! GREAT FOR THE U.S.A.”

Trump watched unpopular projects turn around

Trump said he has watched data centers that were highly unpopular in certain areas become extremely popular when financial deals were struck.

Data centers a hot issue before midterms

Data centers have become a political flashpoint ahead of November midterm elections as public opposition to facilities and their environmental impact grows.

Nebius open to community investment

Nebius Chief Revenue Officer Marc Boroditsky told CNBC the company is one hundred percent in principle having discussions about investing in communities.

Dividend takes many forms, Boroditsky says

Boroditsky said a dividend could be paid through education, job development and economic opportunity, adding Trump's concept is not crazy to consider.

“A dividend is being paid in different forms, investing in education, job development, overall economic development. The concept that the president identified... it's not crazy to consider something like that.”

Power and water are major constraints

Much concern centers on water usage, power consumption, electricity prices and space requirements as power grids become overwhelmed with data center applications.

Trump mandates data centers make own power

Trump said new and large data centers should be mandated to make their own electricity and give or sell excess back to communities or grids.

“New and large, in some cases gigantic, Data enters are mandated by me to make their own electricity, and give or sell any excess back to the local community, or grid, and therefore there is electric price increase. In fact, there could be a substantial decrease.”

Banks urge selective investment approach

HSBC CEO Georges Elhedery advised discernment over an all-in approach, saying investors must examine tenancy agreements and contract pricing carefully.

“One has to be selective. You have to look at the quality of the tenancy agreements. You have to look at the pricing of these contracts.”