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Microsoft (MSFT) spent roughly USD 5bln less on capex in Q3 than projected because planned data centre rental capacity was not ready, reports The Information citing sources; Iren (IREN) is among the third-party providers behind the delay

ORIGINAL · NewsquawkMicrosoft (MSFT) spent roughly USD 5bln less on capex in Q3 than projected because planned data centre rental capacity was not ready, reports The Information citing sources; Iren (IREN) is among the third-party providers behind the delay
StockNow breaking-news AI analysis

The report attributes Microsoft’s roughly USD 5 billion Q3 capex shortfall to unready rented data-centre capacity and names Iren among the providers behind the delay.

2 stocks
MSFTMicrosoft Corp$554.80Current priceIRENIREN Limited Ordinary Shares$22.12Current price

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