Thai Data Center Capacity May Triple on Surging Demand for AI
The nation's capacity is expected to rise to about 1 gigawatts in 2027 from 350 megawatts in 2024, said Supparat Singhara Na Ayutthaya, vice chairman of the Thai Data Center Association. A data center requires an investment of about $10 million for each megawatt, he said.
Why New York City Has a Fleet of New EVs From a Dead Carmaker
Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone
Trump Takes Second Swing at Cutting Housing Assistance for Immigrants
A Photographer's Pipe Dream: Capturing New York's Vast Water System
A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome
'Thailand has drawn tremendous interest for new data center investments with its steady power generation and water supply,' Supparat said in an interview this week.
Alphabet Inc.'s Google, Amazon.com Inc., Microsoft Corp. and Nvidia Corp. are among global tech giants spending billions of dollars on AI infrastructure in Thailand and across Southeast Asia.
'There will be many more global technology companies further diversifying their data center facilities to Thailand,' Supparat said.
The expansion of Thailand's data center sector comes as the nation, a longtime manufacturing powerhouse for automobiles and electronics, accelerates efforts to boost its high-tech industries. The government wants Thailand to catch up to countries such as Malaysia and Singapore, regional leaders in data center and cloud computing services.
In the first half of the year, Thailand's Board of Investments approved investment applications worth 322 billion baht ($9.9 billion) for 36 tech projects, most of which were data centers, according to its website.
The data center association is awaiting clarity about the US plan to restrict shipments of AI chips and what effect that could have on the nation's data centers, Supparat said.
Foreigners Are Buying US Homes Again While Americans Get Sidelined
What Declining Cardboard Box Sales Tell Us About the US Economy
Women's Earnings Never Really Recover After They Have Children
Americans Are Getting Priced Out of Homeownership at Record Rates
J.Crew Survived Bankruptcy. Next Up: Cultural Relevance?
©2025 Bloomberg L.P.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
a few seconds ago
- Wall Street Journal
Japan's Inflation Stays Well Above BOJ's 2% Target
Japan's consumer inflation remained well above the central bank's target of 2% in July, reinforcing expectations of a coming interest-rate increase. Consumer inflation excluding volatile fresh food prices climbed 3.1% from a year earlier last month, compared with June's 3.3% rise, government data showed Friday. That was higher than the 3.0% increase expected in a poll of economists by data provider Quick.
Bloomberg
2 minutes ago
- Bloomberg
Japan's Inflation Hovers Well Above BOJ's Goal Even as It Slows
The pace of Japan's consumer inflation stayed well above the Bank of Japan's target even as price growth moderated, supporting market speculation that the central bank will hike its benchmark interest rate again this year. Consumer prices excluding fresh food rose 3.1% from a year earlier in July, slowing from a 3.3% gain in the previous month, the Ministry of Internal Affairs and Communications reported Friday. The median estimate of economists was for a gain of 3%, with expectations there would be a drag from energy prices after they spiked a year earlier.
Politico
2 minutes ago
- Politico
DOJ calls for Powell to fire Cook over fraud accusation
Martin's letter, which was first reported by Bloomberg, was sent as President Donald Trump and administration officials have sought to pressure Fed policymakers into lowering interest rates. Trump has called for Cook's resignation. Federal Housing Finance Agency Director Bill Pulte sent a criminal referral to the Justice Department last week alleging that Cook had claimed two separate homes as a primary residence. The combative FHFA director has logged similar referrals for Sen. Adam Schiff (D-Calif.) and New York Attorney General Letitia James — and on Thursday said his agency was investigating Cook over a separate property. Fed board members can be removed only by the president 'for cause,' a provision that has not been fully litigated but has generally been interpreted to mean that the president can't fire a central banker over policy disagreements. Cook was nominated by President Joe Biden and confirmed by the Senate on a party-line vote in 2022. While Pulte has said that he believes that Trump has enough evidence to fire Cook for cause, it's unclear how Powell could act. The Federal Reserve Act offers no indication that the chair can dismiss board members. Fed spokesperson Darren Gersh declined to comment. Martin did not immediately respond to requests for comment. Cook has denied wrongdoing and said on Wednesday that she has 'no intention of being bullied to step down from my position because of some questions raised in a tweet.'
