Global hyperscale spending is projected at about $700 billion, yet many U.S. data center projects are running late: according to the Sandstone Group, nearly half of planned projects are behind schedule, while industry research puts 30% to 50% of the 16 GW of U.S. capacity due online at risk of severe delays or cancellation. Allianz Research cites lengthy permitting, a shortage of roughly 439,000 skilled construction workers, and electrical equipment deficits as key reasons. In markets such as Northern Virginia, Phoenix and Dallas, waits to clear grid interconnection queues routinely run four to seven years. Oracle and OpenAI also scrapped plans to expand the 1,000-acre Crusoe Energy-developed AI campus in Abilene, Texas, from 1.2 GW to 2.0 GW, after negotiations stalled over financing and utility timelines.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Tech companies need more data centers . So why are nearly half of all planned projects delayed or canceled ?
Read the original on krdo.com ↗
Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Major gold holder backs NVIDIA challenger
- Amazon stockpiles Nvidia AI hardware ahead of power availability -Business Insider
Amazon has agreed to buy billions of dollars of Nvidia GPUs before its data centers have enough power to run them, according to internal August emails obtained by Business Insider. Under a new Early Rack Receipt program, the company is taking delivery of about $5 billion in Nvidia GB300 server racks at U.S. facilities, with plans to accept another $3 billion each month. Because several AWS sites lack the utility capacity to energize servers, some hardware sits idle in warehouses as dark GPUs, tying up capital before it generates cloud revenue. The move comes as Amazon projects roughly $220 billion in capex this year and posted negative free cash flow last quarter for the first time since 2023. An Amazon spokesperson called the staging a best business practice for rapid installation once power arrives and disputed reports that the company lacked a clear path to bring the sites online.
- Anthropic Is in Talks for Another $45 Billion AI Deal. Nvidia Could Be a Big Winner.
Anthropic, the company behind Claude, is reportedly in talks with British neocloud provider Nscale to expand an existing compute deal by about $45 billion in contract value, which would bring its total Nscale commitment to roughly $90 billion. The proposed deal would add 460 megawatts of capacity using Nvidia's Vera Rubin chips in a second building at Nscale's Monarch campus in West Virginia, plus a right of first refusal on a planned third building. Nscale's customer base is highly concentrated, with Microsoft and Anthropic accounting for about 85% of its contract value, and Microsoft pulled out of a planned UK data center after power connection delays. Anthropic is preparing an IPO reportedly targeting a $1.5–2 trillion valuation, with 2025 revenue of about $4.6 billion, $7.33 billion spent on computing and infrastructure, and an operating loss of over $8 billion.
- Nvidia Reportedly Just Landed $35 Billion In Chip Orders From Chinese Companies. Here's Why That Could Be Great News for the Stock
Reuters, citing anonymous sources, reported that Chinese companies including ByteDance, Alibaba and Tencent ordered more than 3 million Nvidia Blackwell chips, worth a collective $35 billion. Nvidia's guidance, including projected third-quarter fiscal 2027 revenue of around $108 billion, has not included potential sales to Chinese companies. However, one source told Reuters Nvidia may fill only 5% to 10% of these orders, with capacity of at most 3 million Blackwell chips globally in 2027. The stock, which has fallen over 9% recently amid AI concerns and carries a roughly $5.2 trillion market cap, rose only marginally on the news.
- Investment summit: German government strikes AI deal with Nvidia
At the Invest in Germany summit in Berlin, the federal government reportedly struck an AI cooperation deal with Nvidia, with a federal contribution to the partnership. Nvidia CEO Jensen Huang said it pained him to see Germany fall behind, yet he still believes in the country, and around a dozen German firms including Siemens and Audi are expected to join the project. Chancellor Merz urged companies to open their industrial data for AI to safeguard competitiveness in sectors like automotive. Amazon plans to invest around 16 billion euros in Germany in 2027, including 4.8 billion euros for AWS mainly in the Frankfurt am Main region. The IMF now forecasts 1.3 percent growth for Germany in 2026, up from 0.7 percent previously.
- Have we hit AI IPO fatigue? More Netflix woes, and airlines try to stay afloat
Panelists on Yahoo Finance's Market Hang discuss weak IPO sentiment and whether it reflects listings such as SpaceX (SPCX) or AI companies like OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) delaying theirs. They cite South Korea's Elise Group, which listed near the top of its projected range before its stock fell as much as 36%, and note that credit default swap trading on hyperscalers has quadrupled since July while CoreWeave's spread remains around 1,100 basis points. Other topics include Netflix's (NFLX) lack of prestige content and consumers accepting higher airfare. The panel is divided between more bearish and more bullish views.
Related markets
Latest news
- CEO Elon Musk Just Gave SpaceX Investors Great News
SpaceX reported third-quarter revenue of $14.6 billion (up 161%) and net income of $4.4 billion, versus a $1.1 billion net loss a year earlier, with adjusted EBITDA of $8.8 billion (up 306%), all above analyst expectations. Its Super Intelligence (SI) unit posted revenue above $7.5 billion, beating estimates by over $1 billion, while Starlink subscribers grew by 1.6 million to 13.6 million. Total capital expenditures were nearly $19.6 billion, with $16.4 billion allocated to SI. Musk expects compute capacity of 2.5–3 GW by year-end, up from 1.7 GW, says he feels confident of bringing another 10 GW online in 2027, and expects annual recurring revenue of $500 billion to $1 trillion by the end of 2027. Shares climbed nearly 5% in after-hours trading.
- Amazon vs Alphabet: Which "Magnificent Seven" Stock Is the Better Buy Right Now?
The article compares Amazon (AMZN) and Alphabet (GOOGL, GOOG), two of the world's most valuable companies. Alphabet's valuation is around $4.1 trillion versus Amazon's $2.8 trillion, but Amazon's revenue over the past four quarters, $776 billion, is much larger than Alphabet's $446 billion. Alphabet generated $148 billion in operating profit at a 33% margin, while Amazon's operating margin averaged just 12% over the past 12 months. Amazon's forward P/E is nearly 24, above the S&P 500 average of 19, while Alphabet's is just under 22, and the author concludes Alphabet is the better buy.
- September 2026 Quarterly Results
Westgold (ASX: WGX) reported Q1 FY27 (quarter ended 30 September 2026) gold production of 98.4koz at an AISC of $2,912/oz, versus 98.9koz at $2,802/oz in Q4 FY26. The company recorded no lost time injuries, lifted ore stockpiles 51% to 696kt, and reaffirmed FY27 guidance of 385–425koz. An AISC margin of $3,117/oz delivered $292M in mine operating cash flow and an underlying Treasury build of $251M, lifting cash, bullion and liquid investments to $1,040M, and the company remains debt free and unhedged. Group Ore Reserves rose 41% to 4.1Moz, a $50M on-market buy-back was approved with $22M already bought, and a revised policy sets a minimum annual return of 3 cents per share.
- Elon Musk pushes to merge SpaceX and Tesla
Elon Musk said he wants to merge SpaceX and Tesla, two companies he said are worth a combined $3.5tn (£2.6tn). Both firms have set up committees of independent directors to study the idea at shareholders’ request, while Musk, who has major stakes in each, is excluded from the talks. He said there was “a lot of merit” to combining them, citing gains from co-operating on AI software, chip design, the TeraFab chipmaking plant and robotics, but cautioned that a merger should not be seen as a certainty because shareholders must support it. Tesla shares rose 1% after the announcement, while SpaceX shares gained more than 6% after better-than-expected quarterly results, with revenue up 161% to $14.6bn and a $4.4bn profit driven by its AI business.
- Pinterest Just Gained 20% in a Month: Take Profits, or Buy More?
Pinterest (PINS) shares rose 20% over the past month through Monday's close, outpacing the S&P 500's 0.6% gain and Snap's 13%. The stock fell in September after CEO Bill Ready warned about pressure in the international business, but it bottomed just above the roughly $18.17 average price of its buybacks and rallied in October. On Oct. 5, Pinterest named James Dibbo CFO, effective Oct. 26; he previously ran finance for Amazon Ads and Prime Video. At a forward P/E of 10.3x versus a five-year average of 24x, the author sees room for the multiple to rise if US and Canada growth stays near 18%, but warns that a miss on third-quarter revenue guidance of $1.19 billion to $1.21 billion could send the stock back toward the $18 buyback price.
- Why Dime Commercial Bancshares Stock Rocked the Market Today
Dime Commercial Bancshares (DCOM) shares rose about 6% on Tuesday, while the S&P 500 gained 0.3%, after the bank posted a solid third-quarter report and announced an acquisition. Total revenue climbed 19% year over year to over $135 million and deposits grew 7% to $12.8 billion, while loans edged down to under $10.8 billion. Non-GAAP attributable net income rose almost 50% to $39.1 million ($0.91 per share), and CEO Stuart Lubow pointed to $2.2 billion in cash and an 83% loan-to-deposit ratio as results of a deliberately liquid balance sheet. Dime agreed to buy ES Bancshares for about $58 million in cash and stock, strengthening its presence in Brooklyn and Staten Island, at roughly 1.1 times the target's tangible book value per share.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.