America is planning more AI datacenters than its chip supply can fill

Satellite imagery suggests US datacenter deployment is accelerating, but not fast enough to meet some of the more exuberant forecasts for 2028. Meanwhile, advanced chip packaging is emerging as another constraint on how quickly new AI capacity can come online. A report from investment bank Jefferies says server farm construction is proceeding apace across America, but permitting, access to power, and supplies of packaged AI accelerators continue to hold projects back.