# Morgan Stanley Says AI Stock Sell-Off Overstates Data Center Delay Risk

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/53632
Published: 2026-11-11T06:12:07.000Z
Updated: 2026-11-11T06:12:07.000Z
Section: Investing

> The bank estimates about 5 gigawatts of U.S. data center capacity planned for 2028 could shift to 2029, while major cloud providers keep spending plans largely intact.

U.S. data center delays may ease supply constraints and extend the artificial intelligence investment cycle while leaving major cloud companies’ spending plans largely intact, Morgan Stanley said.

About 5 gigawatts of U.S. data center capacity planned for 2028 could shift to 2029. The bank expects projects to be delayed rather than canceled, with hyperscalers largely keeping their spending plans in place.

Morgan Stanley said election-related concerns about slower U.S. construction have contributed to an excessive sell-off in AI-related stocks. It said a later buildout may ease supply constraints and support pricing.

The bank continues to favor Amazon, Microsoft, Meta and Google among AI beneficiaries. It also sees opportunities among semiconductor, infrastructure and software companies.