Feels like the public interpretation is all wrong…
I’m pretty sure $Microsoft(MSFT.US) backing out on NScale deal is bullish for Neoclouds like $Nebius(NBIS.US) or even $IREN(IREN.US) with energized capacity with Microsoft?Pretend Microsoft just ate a bunch of Chipotle burittos:- They order toilet paper delivery scheduled Q1 2027- NScale says: sorry 3-4+ year delay of the toilet paper (into 2030’s) because of UK grid constraints- Microsoft still urgently needs toilet paper so they will get it elsewhereThe cancellation does send warnings about what happens if a Neocloud can’t execute on contracted demand.But that just makes the other toilet paper sellers more valuable since Microsoft will go elsewhere for supply.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.