Description
In the wake of deepseek and hyperscale pullbacks, what is the outlook for hyperscale capex? Where are we in the cycle between absorption and raw capacity builds? While there continues to be debate about the state of demand and supply dynamics in the sector, with some bearish sentiment making noise, none of the hyperscalers have dialled back CapEx commitments in the first half of the year. If anything, CapEx projections have gone up for 2025.
