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Microsoft is canceling data center leases, reflecting a strategic shift as it faces potential oversupply, according to TD Cowen analysts. The company has terminated leases for hundreds of megawatts and may be reallocating its $80 billion infrastructure budget towards U.S. investments. This decision follows CEO Satya Nadella's emphasis on the need for data center expansion amid AI service revenue delays.
Michael Elias
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Microsoft cancels data center leases amid strategic spending shift
11:27 25.02.2025
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