What Wall Street Sees in the Data Center Boom NYT | Top Stories Ian Frisch 20 September 2025 at 20:00 Data center capacity has become a barometer for both the health of the tech market and the risk of an A.I. bubble. © Daniel Cole/ReutersAn aerial view shows construction underway on a Project Stargate AI infrastructure site, a collaboration between three large tech companies – OpenAI, SoftBank, and Oracle — in Abilene, Texas.