Microsoft (MSFT) shares fell slightly on Monday following an analyst report that the company canceled some U.S. data center leases, potentially signaling an oversupply of AI infrastructure.

Microsoft said on Wednesday it is “slowing or pausing” some of its data center projects, describing the move as a show of flexibility as the artificial intelligence (AI) industry evolves.

Bloomberg reports Microsoft won't go ahead with multiple data center projects worldwide It's the third report claiming Microsoft's more cautious approach to its data center projects There are ...