Australian AI data centre operator NextDC shares shed 44% on revenue delay
What it is about
Who published it, and when
3 reports left out of the cascade - too little in common with the story to place
How it spread - 6 original reports
Wed, 21 October 2026
4 reports- Channel News Asia01:25first to report
- ABC News (Australia)02:15
Community opposition to one of Victoria's largest data centres has seen the value of shares in NextDC plummet.
- The Guardian World04:58
NextDC tells investors plans to double the size of its west Melbourne datacentre have hit obstacle after community objects to 22 metres-high power poles Get our breaking news email , free app or daily news podcast Australia’s largest datacentre operator has been forced to delay the controversial expansion of its M3 site in Melbourne’s west amid a pause in construction of new 22m power poles following community protest. On Wednesday, NextDC told the Australian Stock Exchange that delays to...
- telecompaper.com05:13
Australian data centre operator NextDC has cut its FY2027 earnings guidance by more than a third after delays to power infrastructure at its M3 Melbourne campus, and suspended new development projects and land acquisitions as it reassesses spending. The company now forecasts net revenue of AUD 475 million-500 million and underlying EBITDA of AUD 245 million-265 million, down from previous ranges of AUD 615 million-640 million and AUD 385 million-410 million respectively.
Thu, 22 October 2026
2 reports- theconversation.com09:30
While AI hype is strong, the business models are coming under increasing scrutiny.
- ABC News (Australia)18:47
A neighbourhood uprising over power poles helped wipe $3 billion from a listed company in a day and made the AI boom a little shakier.