Does physical server location affect search engine results?

[linknode]

Hi everyone and thank you in advance for your responses.

I am wondering if a site that targets americans and is physically located in a server in South America has lower rankings than let's say the same site physically located in the United States.

I read something about this somewhere but now can't find the info.

Thanks again.

[cbp]

I am wondering if a site that targets americans and is physically located in a server in South America has lower rankings

No.

CBP