Reported about 14 hours ago
Microsoft's stock saw a slight decline after an analyst report revealed the company canceled some U.S. data center leases, indicating a potential oversupply of AI infrastructure. The cancellations, amounting to several hundred megawatts, stem from facility delays, which echo past actions by Meta. While Microsoft maintains it has made significant investments in AI and infrastructure, uncertainty remains about the future of its data center strategy, particularly as competition rises.
Source: YAHOO