May 22, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The number of data centers in the U.S. is growing by leaps and bounds. Industrial Info is tracking more than $123 billion worth of active data center projects in the U.S. While not all of these will be constructed as planned, the size of the sector is apparent. Two states rise above the others in regard to the value of potential projects: Virginia and Arizona, which together boast more than $36.5 billion in active data center projects.

Companies featured: Meta Platforms Incorporated (NASDAQ:META), Amazon.com Incorporated (NASDAQ:AMZN)