Microsoft Stock Dips on Report of Data Center Lease Cancellations

Quick Summary:

Microsoft, in an oversupply position, means the company has more data center capacity than it currently needs, according to TD Cowen.

An industry source familiar with the matter told Decrypt Microsoft’s pullback reflects a shift in OpenAI workloads toward competitors like Oracle.

There are currently 3,317 data centers in the U.S.alone, according to figures from tracking website Data Center Map.

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Article Details

Author / Journalist: Jason Nelson

Category: Crypto

Markets: Estonia

Topics: TD Cowen Data centers AI Data Center Leases Markets AI Data Centers Microsoft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 22:34:24 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 555 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 26406320

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 8 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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