Asia's AI data center buildout just got its reality check from public markets. NextDC shares fell 40% after a power backlash and Nvidia-backed Firmus scrapped a $5bn Australian IPO. Private marks stil

What happened: Data center companies across Asia face growing investor scrutiny after stalled initial public offerings and volatile stock market debuts raised questions about valuations in the infrastructure business. Why it matters: Setbacks in Australian and South Korean IPOs show growing investor concerns, and providers such as Singapore's DayOne and Australia's NextDC are suffering as investors grow skeptical of the AI infrastructure buildout. Coverage: 3 outlets in 24h

Data center companies across Asia face growing investor scrutiny after stalled initial public offerings and volatile stock market debuts raised questions about valuations in the infrastructure business.

Setbacks in Australian and South Korean IPOs show growing investor concerns, and providers such as Singapore's DayOne and Australia's NextDC are suffering as investors grow skeptical of the AI infrastructure buildout.