
Vistra drops 13.5% after Texas governor win threatens AI data center expansion
Vistra Energy shares fell 13.5% on Wednesday following a Democratic victory in the Texas gubernatorial race, which introduced policy uncertainty regarding data center development. KeyBanc downgraded the utility to Sector Weight, citing heightened political risk for companies supplying power to AI infrastructure. The move reflects investor concern that new regulations could slow the growth trajectory previously expected from artificial intelligence demand.

