NEXTDC Stock News

NextDC shares surged more than 40% Thursday morning after Goodman Group and Digital Realty moved to acquire a stake in the company. The proposed share purchase was priced at A$9.50 apiece.

NextDC's earnings warning highlights power constraints and community opposition that could slow the AI-infrastructure buildout.

Australian data center operator NextDC slashed its fiscal year 2027 revenue and earnings guidance due to power supply delays at its Melbourne facility. Citi said in a note that the earnings impact could extend beyond 2027 due to delays in expansion approvals and transformer upgrades.

Data centres continue to be controversial and unkind in some cases. NEXTDC (ASX:NXT) shares plunged 44% in early trading after the data centre operator slashed its FY27 earnings and revenue guidance following electricity supply delays at its M3 Melbourne facility.

Australia's NEXTDC said on Wednesday it seeks to raise A$1.1 ​billion ($795.63 million) through convertible notes, its third fundraising in just over ‌four months, as the data centre operator ramps up investment in AI infrastructure.

Australian data centre developer NextDC said water and energy consumption rose in the past year as demand for computing capacity drove profit ahead of forecasts, figures which ​may feed public disquiet about the AI boom's draw on resources.

Australian data center operator NEXTDC said on Friday it had ​signed new senior debt facilities ‌of A$2.3 billion ($1.60 billion) to support capital expenditure required for recent customer ​contract wins and ongoing data ​center developments.