Strong local opposition driven by concerns over power grid strain, water consumption, and noise from hyperscale data centers supporting artificial intelligence and cloud computing has prompted over half of Indiana counties to enact restrictions by late October 2026, including Indianapolis's binding moratorium through December 2027. Statewide legislation such as HB 1333 stalled without a moratorium provision, though revenue-sharing elements advanced separately. Recent developments include Fort Wayne's rejection of a proposed pause and ongoing Warrick County hearings on permanent zoning overlays with noise and water limits. Traders are monitoring the 2027 General Assembly session and local regulatory outcomes as potential catalysts, amid continued developer interest in sites backed by major tech firms.