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Microsoft Rejects Nscale Texas Data Center Lease Expansion

Investing.com +10 · ·by G4L

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  1. 1Microsoft has rejected Nscale's request to expand its Texas data center lease.
  2. 2Nscale recorded $141 million in revenue for the first half of 2026 and a net loss of $1 billion for the same period.
  3. 3Nscale is preparing for an IPO valued at approximately $35 billion.

So what's the key point?

Microsoft declined Nscale's request to rent more of its Texas data center. Nscale is preparing for an initial public offering despite recording a $1 billion loss.

Source Investing.com +10 · View original ↗

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