Rep. McCormick Warns Against Slowing AI Buildout

Watch on YouTube ↗  |  August 23, 2026 at 14:28  |  6:18  |  Bloomberg Markets
Speakers
Rich McCormick — Representative

Summary

Representative Rich McCormick argues the US should keep expanding data centers to preserve AI leadership, saying they can be built responsibly and benefit local economies. He suggests military bases as sites and frames local opposition as driven by misinformation and possible foreign influence. He also discusses US-South Korea military exercises and carrier deployment strain.

  • McCormick toured data centers and met with Jensen Huang; he supports a full-speed US data center buildout.
  • He says data centers can use closed-loop water systems and clean fuel cells while benefiting local economies.
  • He proposes building data centers on military bases to avoid local opposition and reduce base costs.
  • He suggests anti-data-center protests may be influenced by foreign competitors.
  • He hopes the pause in US-South Korea military exercises is temporary and favors integration with South Korea.
  • He says USS Abraham Lincoln deployment hardships reflect longstanding military realities.
Ideas
Rich McCormick Representative 0:25
Keep building US data centers
The US should continue expanding data centers at full speed to maintain AI leadership because AI affects healthcare, radiology, energy and much of the economy; data centers can be built responsibly with closed-loop water systems and clean fuel cells, benefit local economies, and opposition is driven largely by misinformation and possibly outside influence.
Rich McCormick Representative 1:20
Fuel cells power data centers cleanly
Fuel cells are a key clean energy source for the data center buildout; the fuel cells being produced are phenomenally clean and generate more than enough power to supply data centers and benefit surrounding communities.
Up Next

This Bloomberg Markets video, published August 23, 2026, features Rich McCormick discussing US Data Centers, Fuel cells. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Rich McCormick  · Tickers: US Data Centers, Fuel cells