Financial research firm TD Cowen has released a brief report revealing that Microsoft has been canceling data center leases, suggesting the tech giant is grappling with an “oversupply” of capacity. Bloomberg reports that the firm issued its quick take on February 21. “Our channel checks indicate that [Microsoft] has 1) cancelled leases in the U.S. totalling ‘a couple of hundreds [megawatts]’...
source: https://news.shib.io/2025/02/25/microsoft-cancels-data-leases-fueling-openai-stargate-pullout-rumors/?utm_source=rss&utm_medium=rss&utm_campaign=microsoft-cancels-data-leases-fueling-openai-stargate-pullout-rumors