Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.

# Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/21/australia-data-center-operator-nexdc-datacenter.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*