In a significant development, Microsoft has terminated data center projects amounting to 2GW in the US and Europe, as reported by analysts at TD Cowen. This cancellation follows earlier speculation ...

The move to withdraw from upcoming data center initiatives marks a strategic pivot for Microsoft. Analysts indicate that the rationale stems largely from the saturation of AI computing infrastructure.

TD Cowen analyst William Katz maintained a Hold rating on Stifel Financial (SF – Research Report) today and set a price target of $124.00. The ...

Over the last six months, Microsoft has “walked away” from pending data center leases with third-party developers in the U.S.

TD Cowen's supply chain checks indicate that Microsoft's pullback has led to Alphabet's Google stepping in to backfill the ...

Global commodities trader Vitol is considering selling its VTX Energy Partners shale-producing business in a sale that could ...

In a report released today, Yaron Werber from TD Cowen maintained a Buy rating on Septerna, Inc. (SEPN – Research Report). The company’s shares ...

Microsoft (MSFT.O), opens new tab has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and ...

Microsoft has halted data center projects in the US and Europe, potentially due to AI computing overcapacity. Goldman Sachs ...

Microsoft has walked away from data center projects in the US and Europe to the tune of 2GW, said TD Cowen analysts. First ...

US analyst TD Cowen publishes research note pointing to further rollbacks on Microsoft’s datacentre expansion plans.