Microsoft stock slips after analysts say it canceled 2 data center leases in the US, suggesting potential 'oversupply position'
1. MSFT cancels data center leases amid oversupply concerns. Analyst implies lower AI demand. 2. Analyst checks reveal reallocation from international spending to US leasing. Reduced global demand noted. 3. OpenAI workload shifting to Oracle/SoftBank may limit MSFT leasing activity. Competitive pressures emerge. 4. MSFT reaffirms $80B AI data center investment. CEO warns about potential supply-demand mismatch.