"We have an old power grid. It could never handle the amount of electricity needed. So I tell them they can build their own facility," he said during his speech.
The tech giants' energy-intensive data centers have raised concerns that they will, in the long term, significantly increase the energy costs of American households.
“They can build their own power plants as part of their factories, so no one's prices go up.”
The president gave no details about how it would work or which companies he was said to have spoken to.
