Blackstone President and COO: There is still significant growth potential in data center demand

Wallstreetcn
2025.05.05 18:36
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Jonathan Gray, President and Chief Operating Officer of Blackstone, stated that despite challenges from tariff policies and chip export restrictions, there is still significant growth potential for data center demand. He believes that the AI sector experiences substantial growth every year, even though there is uncertainty in the market regarding economic recession and trade barriers. Gray emphasized that electricity demand is a key limiting factor in the technological revolution, and both the government and large companies have recognized this, expecting related investments to come