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Original headline: Tech companies need more data centers . So why are nearly half of all planned projects delayed or canceled ?
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/19/2026 | 217.09 |
| Change that session | +1.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Tech companies need more data centers . So why are nearly half of all planned projects delayed or canceled ?
Spending on AI infrastructure is projected at about $700 billion through global hyperscale spending, yet building U.S. data centers is hitting bottlenecks in industrial supply chains and grid capacity rather than chip shortages. Industry research cited in the article finds that 30%–50% of the 16 GW of U.S. data center capacity scheduled to come online faces severe delays or cancellation. Causes include lengthy permitting, a shortage of roughly 439,000 skilled construction workers, electrical equipment deficits, and grid interconnection queues of four to seven years in Northern Virginia, Phoenix and Dallas. Oracle and OpenAI scrapped plans to expand the Crusoe Energy-developed campus in Abilene, Texas, from 1.2 GW to 2.0 GW after talks over financing and utility timelines stalled.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street – Winnipeg Free Press
Asian shares were mostly lower in cautious trading on Tuesday as AI-related stocks rebounded on Wall Street while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 fell 0.6% to 64,512.35, South Korea's Kospi dropped 2.8% to 5,605.31, and Hong Kong's Hang Seng slipped nearly 1.0% to 23,947.37. The S&P 500 rose 0.4% to 7,690.73 after its worst week since June, the Nasdaq gained 1.1%, and the Dow Jones dipped 0.1% to 51,966.03. The 10-year Treasury yield climbed to 5.14%, benchmark U.S. crude rose to $103.50 a barrel and Brent to $109.47, while uncertainty persists over when the war with Iran will let the energy industry return to normal.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares were mostly lower in cautious trading on Tuesday as AI-related stocks rebounded on Wall Street while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 fell 0.6% to 64,512.35, South Korea's Kospi dropped 2.8% to 5,605.31, and Hong Kong's Hang Seng slipped nearly 1.0% to 23,947.37. The S&P 500 rose 0.4% to 7,690.73 after its worst week since June, the Nasdaq gained 1.1%, and the Dow Jones dipped 0.1% to 51,966.03. The 10-year Treasury yield climbed to 5.14%, benchmark U.S. crude rose to $103.50 a barrel and Brent to $109.47, while uncertainty persists over when the war with Iran will let the energy industry return to normal.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly declined in cautious trading after AI-related stocks rebounded on Wall Street, while other sectors remained shaky and oil prices stayed high. Japan's Nikkei 225 fell 0.6% to 64,512.35, South Korea's Kospi dropped 2.8% to 5,605.31, Hong Kong's Hang Seng lost nearly 1.0% to 23,947.37 and Australia's S&P/ASX 200 slid 0.8% to 8,772.10. On Wall Street, the S&P 500 gained 0.4% to 7,690.73 and the Nasdaq rose 1.1%, though most stocks outside AI and tech fell and the Dow Jones dipped 0.1% to 51,966.03. The 10-year Treasury yield climbed to 5.14% from 5.09%, while U.S. crude rose 0.15% to $103.50 a barrel and Brent gained 0.07% to $109.47 as uncertainty over the war with Iran kept oil prices elevated.
- Chip Stocks Just Had Their Longest Losing Streak Since 2008. Should You Buy Nvidia Stock Now?
The PHLX Semiconductor Index fell for eight straight sessions through October 16, dropping about 16%, the most consecutive down days since October 2008. Nvidia slid about 10%, from a record close of $239.24 on October 6 to $214.13, as worries over interest rate hikes, AI financing and competition weighed on chip stocks. The author argues the streak alone says little, since outcomes after similar streaks varied widely, and focuses instead on Nvidia's results: fiscal Q2 2027 revenue surged 106% to $96.2 billion and operating income rose 124% to $63.7 billion, with fiscal Q3 revenue guided to $108 billion, plus or minus 2%. At about $217, the stock trades around 14 times expected fiscal 2028 earnings, and the author suggests buying in stages over a few months rather than all at once.
- Tech companies need more data centers . So why are nearly half of all planned projects delayed or canceled ?
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