Zhao Haijun, co-chief executive of Semiconductor Manufacturing International Co., has warned that AI data centers being built at a pace never seen before across the world could remain idle, just like data centers built in China's suburbs in the early 2020s, many of which have yet to find tenants.
"Companies would love to build 10 years' worth of data center capacity within one or two years," Bloomberg cites Zhao Haijun as saying during the most recent earnings call with financial analysts and investors. "As for what exactly these data centers will do, that has not been fully thought through.
