Wall Street weighs prospect of an AI slowdown on data center buildout

Wall Street is assessing the impact of a potential slowdown in AI model development on the U.S. data center industry, which has grown due to demand from companies like Anthropic and OpenAI. Stocks of key infrastructure providers like Oracle, GE Vernova, Caterpillar, and Vertiv fell following Anthropic CEO Dario Amodei's call to slow frontier AI model development. The industry’s future depends on continued AI infrastructure expansion and chip demand amid rising regulatory and financial pressures.