• 

  42%+0.2%

  U.S. Expansion Succeeds

  Mitsubishi Heavy Industries ramps U.S. gas turbine assembly and service capacity fast enough to capture a larger share of AI data center power demand. The expansion gives hyperscalers and utilities another credible supplier beyond GE Vernova and Siemens Energy, easing but not eliminating the turbine shortage.

  Industrials +0.8% · Utilities +0.4% · Technology +0.3%

• 

  26%−0.2%

  Bottlenecks Persist

  The U.S. output increase proves helpful but insufficient because critical turbine parts, skilled labor and installation crews remain scarce. Data center developers continue facing long lead times for large gas turbines, keeping power availability a constraint on AI buildouts.

  Utilities −0.4% · Industrials −0.3% · Technology −0.3%

• 

  20%+0.1%

  Hyperscalers Reshape Procurement

  Large technology companies respond to the power bottleneck by moving deeper into generation procurement, either through utility partnerships, behind-the-meter plants or long-term tolling arrangements. Mitsubishi Heavy’s added U.S. capacity becomes part of a broader shift in how AI infrastructure is powered.

  Industrials +0.6% · Utilities +0.5% · Energy +0.3%

• 

  12%0.0%

  Policy Backlash Emerges

  Rapid gas-fired generation growth for AI data centers triggers state-level scrutiny over emissions, water use, grid costs and ratepayer exposure. This does not stop the turbine cycle, but it creates permitting risk and raises the value of cleaner or more flexible power alternatives.

  Utilities −0.2% · Energy −0.2% · Non-Energy Materials +0.2%

Each figure is the modeled move of the S&P 500 if it happens. For information only. Not investment advice.