Data Center Industry Update: Aug. 17, 2026
Chicago joined a growing list of cities pushing back on data center growth with a mayoral executive order, while Fermi Inc. disclosed a federal subpoena tied to its Texas megacampus. On the markets side, CoreWeave beat Q2 estimates and popped after-hours, then gave up those gains and more by the following week. Nvidia locked in up to $105 billion in financing for an OpenAI data center in Ohio.