$GOOGL dropping $15B in Malaysia for AI data centers by 2027-2028.
Here's the kicker: Google agreed to govt conditions—pay full-price electricity, connect directly to the grid, AND subsidize local power bills.
This is basically the Malaysia version of Texas governor's playbook. Translation: no more cheap electricity for anyone else. Costs are about to moon.
Bullish for $GOOGL infrastructure play, but RIP to anyone relying on low energy costs in that region.
Here's the kicker: Google agreed to govt conditions—pay full-price electricity, connect directly to the grid, AND subsidize local power bills.
This is basically the Malaysia version of Texas governor's playbook. Translation: no more cheap electricity for anyone else. Costs are about to moon.
Bullish for $GOOGL infrastructure play, but RIP to anyone relying on low energy costs in that region.