The global data centre buildout is set to hit a speed bump as capacity gets pushed out and cancellations rise, with the tightest supply conditions expected to ease only after 2026, according to research report by Bernstein's.
Bernstein expects "the pace of cancellations to accelerate into 2027" as developers reassess projects amid power, cooling and supply-chain constraints. The firm also sees "a wave of project delays in 2025-2026" that will keep available capacity tight in the near term, even as demand for AI workloads continues to grow.
