TokyoSoftBank booked over $3 billion in losses on turbine deposits.
That is over half of its $7.1 billion quarterly loss, announced Tuesday.
SoftBank reportedly put nonrefundable deposits on 13 gigawatts of turbines, almost 50% more than needed, as order queues run into the early 2030s.
Brent Nelson of Ascend Analytics says most data centres would do better with a smaller grid connection plus batteries.
Winter curtailments, when gas supply dips and demand spikes, remain the risk Nelson flags for gas-reliant data centres.
How each outlet framed it
- TechCrunch leans critical
- frames SoftBank's turbine over-ordering (13GW, ~50% above need) as a bet that failed against the turbine queue into the 2030s
Sources: TechCrunch