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[ Thu, Mar 27th 2025 ]: Reuters

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Wed, March 26, 2025

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[ Wed, Mar 26th 2025 ]: Reuters

Measles cases rise to 370 in Texas and New Mexico, say state health departments

Microsoft pulls back from more data center leases in US and Europe, analysts say

Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday.
Microsoft has decided to scale back on leasing new data centers in the U.S. and Europe, according to analysts from Melius Research. This decision comes as part of a broader strategy to manage costs more effectively amidst a slowdown in cloud computing growth. The tech giant is focusing on optimizing its existing infrastructure rather than expanding its physical footprint. This move reflects a cautious approach in response to economic uncertainties and a shift in market dynamics, where hyperscalers like Microsoft are reevaluating their aggressive expansion plans. The analysts suggest that this could be indicative of a broader trend where tech companies are becoming more conservative with capital expenditure, focusing on efficiency and profitability over rapid growth.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/microsoft-pulls-back-from-more-data-center-leases-in-us-and-europe-analysts-say/ar-AA1BIxfR ]