Profit warning drove 44% share decline in Australian data centre group.
Context
What happened: NextDC, an Australian data centre group, fell 44% after issuing a profit warning, adding to sector woes. Nvidia is in talks over injecting capital into Firmus after its failed IPO.
Key numbers: 44% share decline.
Why it matters: The plunge adds to broader troubles in the data centre sector, while Nvidia's talks over Firmus follow a failed IPO.
What changed
NextDC, an Australian data centre group, fell 44% after issuing a profit warning, adding to sector woes. Nvidia is in talks over injecting capital into Firmus after its failed IPO.
← Dashboard
Oct 21, 2026 10:58 AM ET