Shares of Australian data-center operator NextDC fell sharply by 40% after the company cut its earnings forecast, raising concerns about the health of the AI infrastructure market. This drop adds to recent worries about rising debt costs and funding challenges in the AI trade. The selloff highlights potential risks for investors betting on AI-related infrastructure growth, suggesting caution as the sector faces financial pressures. Market watchers will be closely monitoring how these challenges impact other players in the AI data-center space.
The Australian data-center stock NextDC's 40% selloff contrasts sharply with the broader Technology sector performance on Pluang. As of Oct 21, 2026 21:23 WIB, out of 150 priced Technology stocks, 114 rose and 33 fell. Notably, CRWD gained 4.50% at USD 237.61 with a nearly even Pluang order split, TWLO rose 3.91% at USD 268.80 with all buy orders, while ZM increased 3.87% at USD 101.23 despite 100% sell orders.
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