Google is trading 3.1% down at $6.30 as investors react to mounting opposition against its AI data center expansion across the U.S.
- Local communities have blocked or delayed more than $130 billion in AI-related infrastructure projects due to environmental concerns.
- The company recently withdrew a $1 billion facility in Indianapolis following public pushback over excessive water and power consumption.
- The stock is underperforming a relatively stable broader market as utility hurdles create uncertainty for Google's AI scaling strategy.