Virginia's Tax Crack-Up Hands Texas a $73 Billion Recruiting Pitch

Virginia's legislature deadlocked Thursday over a $1.9 billion tax exemption covering 575 data centers, the world's densest concentration, while Stack Infrastructure's $737.8 million land acquisition at Berry Hill sits contingent on a political class that can't agree on the industry's future. If Senate Democrats get their way and exemptions die January 1, the $73 billion in capital Stack planned for Virginia starts looking for a new home, and Texas has already laid out the welcome mat.