Microsoft has begun canceling leases for a substantial amount of datacenter capacity in the U.S., TD Cowen said in a report.
Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over ...
In response, Microsoft told BI it "may strategically pace or adjust our infrastructure in some areas" and would "continue to ...
Microsoft hasn’t backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure ...
Microsoft previously announced plans to develop three data center campuses in Licking County and invest $1 billion.
TD Cowen analysts reported in a research note Friday that Microsoft had canceled leases with “at least two data private ...
Microsoft has pledged to spend at least $80 billion over the course of its fiscal year, which ends in June, on new data ...
The data center backtrack is the latest sign of shakiness from a major tech company after China’s DeepSeek spooked the ...
The TD Cowen report led to Microsoft shares falling about 1%, while shares of energy suppliers to these data centers, like ...
Cowen notes that Microsoft is citing construction delays and lack of access to power as excuses for trying to get out of its ...
The development comes as investors are closely watching whether Big Tech hyperscalers will continue to spend heavily on AI ...
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