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Former G Sachs CEO: Large-Scale US Restrictions on Data Center Construction Would Be Gift to China
10 Nov 2026 11:15
Former Goldman Sachs CEO Lloyd Blankfein said data center construction could help rebuild US industrial capacity, and warned that domestic opposition to building data centers in the US could allow China to benefit.

He said the decline in US industrial capacity over recent decades has undermined the middle class and, to some extent, affected national security.

He believed the development of data centers and the US leadership in the AI sector could reverse the trend. If the US strongly resists the construction of data centers, it would amount to handing China a gift.
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