AIPhys.org Technologyabout 2 hours ago
NextDC Shares Plunge 40% Over AI Delays
5 min read
NextDC shares collapsed by 40% on Wednesday after the company reported delays at its Melbourne site due to community opposition against the M3 data center expansion. Electricity distributor Jemena paused construction of 22-meter power poles in Footscray, threatening revenue forecasts for the Australian data center builder.
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