New Delhi, Oct. 16 -- Morgan Stanley lowered its estimate of the US share of global computing capacity to 55 per cent from 60 per cent earlier as expanding data centre capacity overseas is unlikely to fully offset its projected power shortfall of 32 gigawatts (GW) between 2026 and 2028.

The report noted that US companies are increasingly exploring computing capacity overseas, citing Nvidia's plans to establish 2 GW of capacity in Australia by 2027, a market the company described as having "excess energy."

Morgan Stanley revised its estimate of the US share of global computing "down to 55% from 60%."

"We simultaneously revise our expectation of US Compute share down to 55% from 60%; these changes effectively balance out, leaving our tot...