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Texas leads the AI data center boom

Texas is uniquely positioned to dominate the massive build-out of AI infrastructure due to its favorable regulatory environment, land availability, and power grid.

The argument

Michael Dell argued that Texas possesses structural advantages for AI data centers, including abundant land and power in low-population areas like West Texas. This is supported by a pro-growth, low-tax business climate and accelerated depreciation tax rules that incentivize immediate infrastructure investment.

The thesis, stress-tested
✓ What validates it
  • Dell's infrastructure division meeting or exceeding its 100% growth guidance in upcoming quarters
  • Announcements of new mega-data center projects breaking ground in West Texas
▸ Risks discussed
  • Grid capacity constraints in Texas if power demand outpaces infrastructure development
  • Potential changes to federal accelerated depreciation tax rules
Hear it yourself
"Well, there's, you know, obviously been enormous build out of AI infrastructure, and that requires, you know, lots of new data centers, lots of power. Texas, you know, has an enormous advantage there relative to other states. Lot of power, lot of land, and it's and and you can build stuff."
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DELL: Texas leads the AI data center boom · Zortix