63.7 F
Pakistan
Wednesday, October 21, 2026
HomeBusinessAustralian AI data centre operator NextDC shares shed 44% on revenue delay

Australian AI data centre operator NextDC shares shed 44% on revenue delay

SYDNEY Oct 21: Australian data centre operator NextDC shed nearly half of its market capitalisation on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold, extending the burst of negative sentiment towards global AI stocks. The company said delays to e

Read full story on Channel Newsasia

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments