Goldman’s revised forecast implies less new data-centre capacity in 2027
By OnTheRice · Sources and limitations · Report a correction
Goldman’s reported forecast raises US data-centre capacity at end-2026 but lowers it at end-2027. Subtracting those totals reduces the expected 2027 addition from 36 to 26 gigawatts, a unit of power. Expansion is still expected. The original research and full method were not inspected, so this calculation does not establish why the forecast changed.
Source confidenceNot assessed
What’s changing?
Compare yearly new capacity as well as total ending capacity before retaining an old 2027 growth assumption.
Key points
- Reuters reports that Goldman increased its end-2026 capacity forecast by 5 GW to 64 GW and cut its end-2027 forecast by 5 GW to 90 GW. These are forecasts from a note dated 4 October, not measured capacity delivered.
What could change this view?
- Goldman still expects rapid growth and describes political opposition as having limited short-term effect. The original research note and its full methodology were not inspected. Neither the reported revisions nor the subtraction establishes what caused the change.
Bottom line
Data-centre planners and analysts whose capacity or supplier models use Goldman’s earlier US forecast. Action: Check whether a model uses year-end capacity, annual additions or electricity demand. Update the relevant forecast input, then test actual project schedules and orders before changing company-level earnings assumptions.
This is based on the information recorded with this signal.
Terms in simple English
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- Watch or on confirmation
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- Money earned from sales before subtracting costs.
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- Capacity
- What a factory, network or system can produce or handle. Capacity differs from actual output and demand.
- Megawatt or gigawatt
- Measures of power capacity: one gigawatt is 1,000 megawatts. Capacity differs from energy produced over time.
How likely is this call? · Three frameworks
This signal has no investible bullish or bearish call. A market-direction percentage does not apply.
Evidence behind this view
Checks whether separate pieces of evidence support the same view.
Recorded connection
Compare the annual addition as well as ending capacity before carrying an old data-centre growth assumption into a 2027 plan.
We have not established a separate count of independent evidence clusters for this card. Several reports may rely on the same event or data provider.
What past price moves show
Compares today’s price moves with recorded past patterns.
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Evidence against this view
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Recorded opposing evidence and risks
Goldman still expects rapid growth and describes political opposition as having limited short-term effect. The original research note and its full methodology were not inspected. Neither the reported revisions nor the subtraction establishes what caused the change.
Why the direction changed
Explains recorded changes from expecting a rise to expecting a fall, or the reverse.
No documented bullish-to-bearish or bearish-to-bullish change is available for this card. We keep the original call and its time unchanged.
What people say vs the facts
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Sources, original wording and price checks
Published
First published through Sites 06 Oct 2026, 12:18:23 SGT
No explicit investible BULLISH or BEARISH call on this card.
What changed
Recorded public historyGoldman’s reported forecast raises end-2026 US data-centre capacity and lowers end-2027 capacity. The implied addition during 2027 falls…
This is the first recorded public view. Further public updates will appear here.
- Goldman’s revised forecast implies less new data-centre capacity in 2027
Goldman’s reported forecast raises end-2026 US data-centre capacity and lowers end-2027 capacity. The implied addition during 2027 falls from 36 GW to 26 GW. Planners using the old growth step should review it, even though the forecast still points to expansion.
First published by OTR: 6 Oct, 12:18 SGTPublished by OTR: 6 Oct 2026, 12:18 SGT
Why the view changed
This is the first recorded view. Future source-backed updates will appear here.
Evidence, memory & review 1 linked source
Directional takeaway: Direction not assigned A national forecast revision does not establish a net fundamental or price direction for a named investible issuer. WATCH
OTR reasoning: Compare the annual addition as well as ending capacity before carrying an old data-centre growth assumption into a 2027 plan.
Counterpoint: Goldman still expects rapid growth and describes political opposition as having limited near-term effect. The original research note and its full methodology were not inspected. Neither the reported revisions nor the subtraction establishes what caused the change.
Source-grounded facts (paraphrased)
- Time not supplied: Reuters reports that Goldman increased its end-2026 capacity forecast by 5 GW to 64 GW and cut its end-2027 forecast by 5 GW to 90 GW. These are forecasts from a note dated 4 October, not measured capacity delivered. Source record: source-1
Evidence basis: Source-checked editorial summary; this is a paraphrase and synthesis, not a source quotation.
Source trail
- Goldman sees US data center growth intact despite opposition ↗Reuters via StreetInsider2026-10-05T07:22:00Z · published (UTC)
Review status: CHIEF APPROVED AFTER SOURCE REVIEW
This evidence panel does not assign a score or probability. Any forecast estimate is shown separately with its own source and limitations.