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Microsoft pulls back from more data center leases in US and Europe, analysts say

Microsoft has decided to scale back on leasing new data centers in the U.S. and Europe, according to analysts from Melius Research. This decision comes as part of a broader strategy to manage costs more effectively amidst a slowdown in cloud computing growth. The tech giant is focusing on optimizing its existing infrastructure rather than expanding its physical footprint. This move reflects a cautious approach in response to economic uncertainties and a shift in market dynamics, where hyperscalers like Microsoft are reevaluating their aggressive expansion plans. The analysts suggest that this could be indicative of a broader trend where tech companies are becoming more conservative with capital expenditure, focusing on efficiency and profitability over rapid growth.

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[ https://www.msn.com/en-ca/money/topstories/microsoft-pulls-back-from-more-data-center-leases-in-us-and-europe-analysts-say/ar-AA1BIxfR ]