AI dominated news headlines during the recent 2-3 years and the meteoric rise of this industry has also created a boom in data center construction so that the systems behind the different AI solutions, such as generative AI systems like ChatGPT, can have the necessary infrastructure needed to support their operation. However, communities are increasingly expressing their opposition to the uptick in data centers within their areas and this is threatening to throttle the progress of the data center industry.
For companies like Broadcom Inc. (NASDAQ: AVGO) that provide software solutions to data centers and other related facilities, this is a matter of concern because revenues could be curtailed if a lot more planned data center projects evaporate into thin air as the wave of community agitation against these…
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