Data centers power 20% of US tech sector and half of decade's stock gains

SydSteyerhart · x · 2026-11-12

Pushing back on Massachusetts Governor Healey's vow to reject data centers that 'bring no benefits,' Syd Steyerhart cites data centers' role in powering the internet of things, roughly 20% of the entire US tech sector, and about half of all stock market gains over the past decade — highlighting the core dispute over how to measure data-center value and who benefits.

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