NextDC, Goodman and DigiCo slide as Microsoft scraps data centre plans, Alibaba warns of a 'bubble'
Key Points
Data center stocks like NextDC, Goodman Group, and DigiCo REIT have experienced significant downturn in 2025, with share prices dropping over 14% year-to-date
Microsoft canceled ambitious data center expansion plans, and Alibaba's chairman Joe Tsai warned of a potential data center bubble, suggesting over-investment in infrastructure ahead of actual AI service demand
Despite recent substantial capital raises and optimistic growth projections, these companies face investor skepticism, with NextDC remaining unprofitable and valuations now under scrutiny amid cooling market sentiment
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)