According to a report issued by U.S. investment bank TD Cowen, Microsoft has terminated leasing agreements with two private data center operators and scaled back its subleases with qualification clauses, igniting market apprehensions regarding the sustainability of the AI industry. This decision could have triggered a widespread sell-off in U.S. stocks on last Friday. Analysts suggested that Microsoft might be grappling with oversupply issues and is redistributing international expenditures towards the United States. The report stirred up a commotion on Wall Street, with investors expressing fears that AI demand is entering a period of stagnation.
