Squawk Pod: Maryland Gov. Wes Moore & the AI buildout - 09/15/26 | Audio Only

Watch on YouTube ↗  |  September 15, 2026 at 17:11  |  39:24  |  CNBC
Speakers
Donald Trump — President of the United States
Revathi Advaithi — CEO, Flex Ltd.
Wes Moore — Governor of Maryland
Andrew Ross Sorkin — Co-Anchor, Squawk Box
David Sacks — General Partner, Craft Ventures
Joe Kernen — Co-Anchor, Squawk Box

Summary

The episode covers the AI buildout, data-center regulation, and the midterm political backdrop. Maryland Governor Wes Moore discusses his reelection, data-center guidelines, AI guardrails, and U.S. debt. Flex CEO Revathi Advaithi details the upcoming spin-off of Axiom, a power and cloud infrastructure company, and argues the U.S. is far behind on grid and power infrastructure. Hosts also discuss AI safety debates, Trump's pro-AI comments, and a new Apple iOS beta.

  • Trump defended data centers and AI, calling AI fears a hoax and data centers the 'oil of the next 20-25 years'.
  • Maryland Governor Wes Moore discussed his reelection, strict state data-center rules, AI guardrails, and the national debt.
  • Flex CEO Revathi Advaithi explained the spin-off of Axiom, an AI infrastructure company focused on power, compute, and cooling.
  • Advaithi said U.S. power infrastructure is far behind and data centers will use 20% of grid power by 2035.
  • Axiom is booked out for years, capacity constrained, and expects 70% growth this year and 80% next year, with no demand slowdown.
  • Hosts debated AI regulation, existential risk, and whether AI companies should self-regulate.
  • Apple released iOS 27 with a redesigned Siri beta, though hosts noted it did not feel vastly different.
Ideas
Donald Trump President of the United States 2:34
Data centers are next oil boom
President Trump argues data centers are great and make people and states wealthy, describing them and AI as the 'oil of the next 20-25 years' and bigger than the internet. He dismisses AI takeover fears as a hoax and says he will not let political opponents or China stop the AI/data-center buildout.
DTCR AI-SECTOR HIGH
Revathi Advaithi CEO, Flex Ltd. 27:52
Axiom spinco is high-growth AI infrastructure
Revathi Advaithi says Flex is spinning off its power and cloud business into Axiom, a pure-play AI infrastructure company building power, compute, and cooling from data centers to utilities. She says the spinco is booked out for the next few years, is capacity constrained, expects 70% growth this year and 80% next year, sees no demand slowdown, and faces only labor, permitting, and material constraints. She also announced a $4.4 billion power company acquisition funded with debt and equity without funding concerns.
AXIOM HIGH
Revathi Advaithi CEO, Flex Ltd. 27:52
Axiom spinco is high-growth AI infrastructure
Revathi Advaithi says Flex is spinning off its power and cloud business into Axiom, a pure-play AI infrastructure company building power, compute, and cooling from data centers to utilities. She says the spinco is booked out for the next few years, is capacity constrained, expects 70% growth this year and 80% next year, sees no demand slowdown, and faces only labor, permitting, and material constraints. She also announced a $4.4 billion power company acquisition funded with debt and equity without funding concerns.
FLEX HIGH
Revathi Advaithi CEO, Flex Ltd. 28:14
U.S. power grid needs urgent buildout
Revathi Advaithi argues the U.S. is far behind on electrical infrastructure and its power grid. By 2035, data centers will use 20% of available grid power, yet the grid has not changed in decades. She says the country risks falling behind on AI and broader innovation if it does not efficiently build power infrastructure now, and slowing deployment could have long-term consequences.
AIQ Power infrastructure DTCR HIGH
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This CNBC video, published September 15, 2026, features Donald Trump, Revathi Advaithi discussing DTCR, AI-SECTOR, AXIOM, FLEX, AIQ, Power infrastructure. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump, Revathi Advaithi  · Tickers: DTCR, AI-SECTOR, AXIOM, FLEX, AIQ, Power infrastructure