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NBIS declines 7 percent over Texas election, Shay Boloor notes

NBIS declines 7 percent over Texas election, Shay Boloor notes
NBIS drops despite no Texas projects

NBIS shares dropped 7 percent in connection with the Texas election even though the company has no disclosed data center projects in the state.

Shay Boloor noted that NBIS's U.S. sites are located in New Jersey, Missouri, Pennsylvania, and Alabama, with its MSFT contract and additional operations based in New Jersey.

Shay Boloor has recently tracked other industry developments, including Elon Musk's comments that debt markets have mostly closed to AI-only neoclouds. Boloor also reported on demand trends, noting that Apple's foldable iPhone Duo sold out within minutes of preorder launch. These updates follow ongoing attention to sector-specific disruptions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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