Will at least one major hyperscaler delay a previously-announced gigawatt-scale data center project by 12+ months?

Historically, major hyperscalers have delayed significant data center projects due to a variety of factors including permitting issues, supply chain disruptions, and changing economic conditions. For instance, in 2022, several large-scale data center projects were postponed by at least a year because of regulatory hurdles and increasing construction costs, reflecting a trend that may continue with current inflationary pressures and rising interest rates. Given the ongoing global semiconductor shortage and the current proliferation of environmentally-focused regulations, the probability of similar delays is heightened.