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Tuesday, October 20, 2026Updated 15:44 UTC

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South Korean IPO flop is the latest in a string of disappointments for the global AI trade

Source: MarketWatch · Oct 20, 2026 09:30 UTC

Close-up of supercomputer cabinet panels in a NASA data center — File photo NASA / Dominic Hart · Public domain · Source

The Quick Take

October alone has witnessed the shelving of three separate flotations planned for data-center providers, backed by AI powerhouses like Nvidia, Blackstone and SoftBank. Investors are not convinced of the sustainability of the capex outlay.

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