In the early days of this the AI companies were asking for massive new energy supplies but also refusing to sign contracts to pay for it over the decades of its life.

They're basically attempting to game the system, politically and economically, to put as much of the cost on taxpayers and ratepayers as they can. This naturally slows things down.

If only there was some sort of planning, by a central authority!

ASML and Nvidia did see the demand coming. Intel didnt, theyre incompetent.

> There are a lot of countries struggling to keep up with demand. So incompetence?

Mostly, yea. If the government gets out of the way there are plenty of people who would be happy to supply power in exchange for money. The homebuilding analogy is good because homebuilding in the US often has the same issues that plague the electricity market. There's no reason it should take years to build homes in many parts of this country, but it does.