Shares of data center infrastructure-related companies are trading higher as declining oil prices ease inflation and borrowing-cost concerns, potentially supporting capital spending on data centers and power infrastructure. Sentiment is also benefiting from President Trump’s push for the American Affordability and Jobs Act (S. 5653), which would require data centers to fund their own electricity needs and invest in local communities.

Shares of data center infrastructure-related companies are trading higher as declining oil prices ease inflation and borrowing-cost concerns, potentially supporting capital spending on data centers and power infrastructure. Sentiment is also benefiting from President Trump’s push for the American Affordability and Jobs Act (S. 5653), which would require data centers to fund their own electricity needs and invest in local communities.