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What did a report hitting AI computing stocks really say?
TD Cowen found through channel surveys that cancellations and delays of Microsoft Datacenter leases are more common than expected, abandoning new Datacenter projects that consume a total of 2GW of power in the US and Europe, attributing this to an oversupply of Computer clusters. However, Google and Meta quickly filled the gap, and the overall demand for Datacenters is still growing year-on-year. Meanwhile, the supercomputing architecture is transitioning to higher density, leading to a short-term slowdown in equipment Orders, which presents challenges for equipment suppliers.
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