Google to Build New Data Center in Michigan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Should l Buy GOOG?
Source: seekingalpha
- Data Center Construction: Google is set to build a new data center in Michigan, utilizing 2.7 gigawatts of power resources, including solar energy and advanced power storage technologies, which is expected to significantly enhance local computing capacity and energy efficiency.
- Project Details: The data center, dubbed 'Project Cannoli', will cover approximately 130 acres with five buildings and a total footprint exceeding 800,000 square feet, aimed at meeting the growing demand for AI computing and further solidifying Google's competitive position in the data center sector.
- Energy Impact Fund: Google has committed to establishing a $10 million energy impact fund to support energy affordability for Michigan residents, ensuring that its electricity costs and infrastructure needs are fully covered, thereby protecting local ratepayers' interests.
- Water Resource Management: Google will responsibly use local water sources for data center cooling, with an estimated daily consumption of between 2 million and 3.6 million gallons, ensuring no groundwater extraction, thus reducing its carbon footprint and promoting sustainability.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to rise
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 273.140
Low
255.00
Averages
336.08
High
400.00
Current: 273.140
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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