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Trump targets big tech on rising data center electricity costs with Microsoft first

The Kobeissi Letter
The Kobeissi Letter
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BREAKING: President Trump says large US tech companies must “pay their own way” for the rapidly rising electricity costs due to data centers. Trump says Microsoft, $MSFT, is “first up” and they will make “major changes” this week. Trump is going after electricity costs next.

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11:50 PM · Jan 12, 2026
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