Microsoft Abandons Data Center Projects, TD Cowen Says
Microsoft Corp. has walked away from new data center projects in the US and Europe that would have amounted to a capacity of about 2 gigawatts of electricity, according to TD Cowen analysts, who attributed the pullback to an oversupply of the clusters of computers that power artificial intelligence.
Microsoft Canceling Data Center Leases, Walking Away From Deals, Analysts Say
Over the last six months, Microsoft has “walked away” from pending data center leases with third-party developers in the U.S. and Europe totaling 2 gigawatts of capacity, TD Cowen analysts wrote in a note on Wednesday. The note said Microsoft has also “deferred and canceled existing data center leases” in the two regions in just the past month.
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