These tech companies are already investing heavily into solar, natural gas, and nuclear https://techcrunch.com/2025/03/30/data-centers-love-solar-he... this would be normal stuff in China where they spend the last decade investing heavily in solar and are bringing something like 60 nuclear reactors online.
These datacenters aren't particularly consumptive of water compared to most other industries in that regard and we've already seen states enforce rules against Meta who immediately paused their datacenter when water issues were detected (following mandatory monitoring).
Chip production is lagging but most projections I've seen is it will normalize in about 5yrs. Not to mention there will be further demand for robotics and self driving cars, so ramping up chips should be a normal thing like ramping up green/nuclear energy. Delaying it won't solve any current issues.