Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing more AI computing capacity than it needs in the ...

The company has said it plans to spend $80 billion this year on AI data centers. TD Cowen said their channel checks suggested Microsoft was slowly retreating from these massive spending plans.

TD Cowen highlighted in a note on Friday that recent channel checks point to the cancellation of hyperscale data center leases at Microsoft (MSFT) that are specifically tied to supply chain and/or ...

A top American research firm, TD Cowen, responded to the Microsoft news by saying the cancellations were due to an excess supply of data centers relative to the current demand forecast.

Microsoft says it’s ‘slowing or pausing’ some AI data center projects, including $1B plan for Ohio Analysts with TD Cowen reported earlier this year that Microsoft was also scaling back some ...

The same day, TD Cowen analysts published similar findings from their own data center research. "Our most recent checks point to a pullback in US colocation deals from Amazon," they wrote in a ...

Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing more AI computing capacity than it needs in the ...

Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing more AI computing capacity than it needs in the ...

Microsoft Dropped Some AI Data Center Leases, TD Cowen Says . Feb. 24, 2025 at 4:31 am Updated Feb ... The company has said it expects to spend $80 billion this fiscal year on AI data centers, ...