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Microsoft cancels its $1 BILLION project to build three new data centers in Licking, Ohio five days after Trump announced his tariffs (extortion) (1 Viewer)

CaughtInThe

CaughtInThe

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Well, they say it's "on hold". ;);)



 
 
The reason for the delay is an oversupply of data centers, not anything to do with tariffs or "extortion" (whatever that is)...

Article Excerpt:

The news follows reports of Microsoft "pulling back" on data center projects around the world as it slows new infrastructure spending. Analysts at TD Cowen said the move could suggest data center oversupply and that the pullback may suggest a shift in forecasting for demand. The news follows reports of Microsoft "pulling back" on data center projects around the world as it slows new infrastructure spending. Analysts at TD Cowen said the move could suggest data center oversupply and that the pullback may suggest a shift in forecasting for demand.
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There's already an overcapacity. AI might not deliver on it's promise. Too risky. Why add to the problem?
 
When you crash the global economy you have to expect global companies to start seriously reconsidering their investment plans. I am guessing that Trump won't be shouting this from the roof tops like he has other companies vague plans to invest in the US.
 
Tiger said:
The reason for the delay is an oversupply of data centers, not anything to do with tariffs or "extortion" (whatever that is)...
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I see the allegation is Microsoft didn't do research whether its planned project would contribute to a glut of data centers....

Well, that seems to be the best MAGA can come up with.
 
Tiger said:
The reason for the delay is an oversupply of data centers, not anything to do with tariffs or "extortion" (whatever that is)...
Click to expand...
The move could also 'suggest' it's because of the uncertainty in the economy?
 
anyone sick of winning yet
 
Pyrite said:
I see the allegation is Microsoft didn't do research whether its planned project would contribute to a glut of data centers....

Well, that seems to be the best MAGA can come up with.
Click to expand...

Microsoft likely did research. The more likely explanation is it took a long time for government bureaucrats to approve the project to begin with. The article I linked to noted they'd finish some projects while trying to maintain the other land as farmland -- implying they will likely just delay, not cancel the project.

But hey, let's blame Trump because local bureaucrats take forever to approve all of their paperwork.
 
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