Jowi Morales is a tech enthusiast with years of experience working in the industry. He\u2019s been writing with several tech publications since 2021, where he\u2019s been interested in tech hardware and consumer electronics. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-18/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Jowi Morales Social Links Navigation Contributing Writer Jowi Morales is a tech enthusiast with years of experience working in the industry. He’s been writing with several tech publications since 2021, where he’s been interested in tech hardware and consumer electronics.
toffty Wow, this is actually something I completely support Trump on! Datacenters should not be subsidized as they don't bring huge numbers of jobs after construction is done. Just a few on-site support staff. Reply
bit_user toffty said: Wow, this is actually something I completely support Trump on! But, like the article said, these "agreements" have no force of law behind them. He should be getting Congress to pass a law. Otherwise, it doesn't matter what these companies "pledge", they can just weasel their way out of it. Reply
hotaru251 bit_user said: But, like the article said, these "agreements" have no force of law behind them. He should be getting Congress to pass a law. Otherwise, it doesn't matter what these companies "pledge", they can just weasel their way out of it. they'll still find ways out of it.big corpo always finds ways to not pay their share. Reply
Roland Of Gilead toffty said: Wow, this is actually something I completely support Trump on! Datacenters should not be subsidized as they don't bring huge numbers of jobs after construction is done. Just a few on-site support staff. I'd agree with @bit_user here. Words like 'pledge', 'obligation' or that they'll 'promise to pay their own way' are very broad and vague terms. They will likely result in nothing being done in the short-term, or even medium term to the end of the current administration in the US. Consumers are feeling this in their pockets now! It's the same for a lot of other countries not quite as wealthy as the US. For that cohort, they are feeling it really badly. In my country (Ireland) we have had a nearly 100% increase in electricity costs, based on the average consumer (3 bed house, with approx 4200kwh/year). Currently the prices have dropped back slightly, but is still at a 70% increase since 2020. This really hurts. I can vouch for that myself. I would say that nearly all governments in countries where datacentres are a plenty have all reacted very late to the game on this. Same here. We're only just getting it sorted. However, with that said, there will be no short term gain for the average consumer, probably not for at least a few years. Thank you datacenter owners. Nice one! Reply
Roland Of Gilead hotaru251 said: they'll still find ways out of it.big corpo always finds ways to not pay their share. Yes, and this is very worrying. Reply
bit_user hotaru251 said: they'll still find ways out of it.big corpo always finds ways to not pay their share. If it's an actual law, then you can put fines and other penalties behind it. They do need to have teeth and they do need to be enforced. Those are usually the problems with a lot of laws meant to restrict the private sector. I fundamentally don't accept the idea that laws are pointless. They definitely work better than something with no force of law. If there's no force of law, then the administration cannot legally do anything to companies which break their pledge! Anything it tries to do will get challenged and stuck down in court! If there's a law, then the government can sue the violators. The government wins cases against corporations all the time, and don't think their boards & investors don't notice. Reply
hotaru251 bit_user said: If it's an actual law, then you can put fines and other penalties behind it. and again big corpo will find ways around it same way they find ways around paying their proper taxes. penalties? are just fines…and they have caps (why big corpo risks it as they make more than the fine will ever be so its just cost of doing business) Reply
bigdragon Don't forget that kWh isn't the only part of utility bills that has increased. Each kWh also has an associated transmission charge tied to it and potentially other charges too (administrative fees, energy efficiency program taxes, etc.). This executive action is nice, but it doesn't change what I'm seeing each month. My utility costs jumped 37% last year in Maryland. This year, there appears to have been an additional 4% increase year-over-year. Utility fees keep climbing and that's a problem. I'm seeing a lot of neighbors in Virginia recently complain about their bills jumping by double-digits just like mine did last year. Likewise, pledges from companies are nice, but they haven't lowered my utility bills. I want to see action. I want to see the numbers on my bill go down. Until my bills decrease, I'm blaming all the politicians who fail to reign in the data centers at every level and the companies that own them. I don't want to be told that companies want to be good neighbors — show me the money. Reply
Roland Of Gilead bit_user said: They do need to have teeth and they do need to be enforced. And in the world of the Trump administration, and deregulation, there will be some pain to get through before even legislation can help the average US consumer. Reply
bit_user hotaru251 said: and again big corpo will find ways around it same way they find ways around paying their proper taxes. Like I said, the government wins cases against corporations all the time. If there's a law, then there's some possibility of enforcement. By contrast, a "pledge" cannot be enforced. The administration cannot legally do anything to punish violators of a "pledge", because they didn't break any actual law. hotaru251 said: penalties? are just fines…and they have caps (why big corpo risks it as they make more than the fine will ever be so its just cost of doing business) I already acknowledged they need to have sufficiently large penalties. The EU knows how to do this. Their laws often have massive penalties for violations. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/big-tech/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/big-tech/trump-summons-tech-giants-to-white-house-to-pledge-power-payment-commitments-ratepayer-protection-plan-will-make-data-center-operators-negotiate-discrete-payment-structure-for-electricity-use#main
- https://www.tomshardware.com
- Apple's new MacBook Air gets M5 and doubles starting storage — base price increases to $1,099
- March Into the Cloud With 15 New Games Coming to GeForce NOW
- Intel CEO embraces its 18A node for external customers as 18A-P gets 'inbound interest' — company cites increasing yields
- NVIDIA DGX Spark Powers Big Projects in Higher Education
- Seagate begins shipping 44TB hard drives with HAMR tech to data centers — Mozaic 4+ platform expands to 10 platters
Informational only. No financial advice. Do your own research.