AI Data Center Surge Strains U.S. Power Grid Equipment Supply

The AI-driven data center buildout is creating a shortage of power equipment (transformers, switchgear) in the U.S., as demand for electricity outpaces supply chain capacity. This is a continuation of a known trend, but the scale of Big Tech investment is intensifying the bottleneck. The risk is delayed data center deployments and higher energy costs, which could indirectly affect tech earnings and inflation.