- Analysts say Microsoft has canceled leases with at least two data center operators
- It may reassess AI -Infrastructure Investments in the middle of potential overgrowth
- Despite adjustments, Microsoft maintains its $ 80 billion obligation
Microsoft may not be as all about investing in AI infrastructure as the recent reports have suggested. Marketwatch Reported on a research note written by TD Cowen analysts claiming Microsoft has canceled leasing contracts in the United States with at least two private data center operators.
The leases were “a few hundred megawatts”, nor does Microsoft convert “so -called statements about qualifications for leases”. The same analysts also report that Microsoft has moved some of the planned international expenses to the United States.
This despite a recent interview with Microsoft chairman and CEO Satya Nadella, who said AI offerings and demand will have to meet and that tech companies will have to exponentially invest to make this happen.
Raising wider questions
“When combined with our previous channel check, it points to a potential over -the -scale position for Microsoft,” said main analyst Michael Elias. The group believes that the shift is linked to Openai, which Microsoft has close to.
“Consider this: Microsoft was the most active landlord of capacity in 2023 and 1H24, at which time it was acquired capacity compared to a capacity forecast that was considering incremental Openai workloads. As we believe is indicated by its decision to set construction on a data center in Wisconsin – which our previous channel checks indicated was to support Openai – there is capacity that it has probably acquired, especially in areas where capacity is not fungal for the cloud, where the company may have excess data center capacity in relation to its new prognosis, “the analysis said.
Writing about the news, Bloomberg Said, “A potential lease extraction of Microsoft raises wider questions about whether the company – one of the fronts of Big Tech in AI – is growing carefully with the prospects of overall demand. Microsoft has to increase “exposing demand. “
“While we can strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” a Microsoft spokesman told Bloomberg. “Our plans to spend over $ 80 billion on infrastructure that FY remains on the field as we continue to grow in record speed to meet customers’ demand.”
