# NextDC Shares Drop 40% After Power Backlash

> NextDC shares plummet 40% as community opposition halts AI expansion plans.
- Title: NextDC Shares Drop 40% After Power Backlash · Nikkei Asia
- Summary: NextDC shares plummet 40% as community opposition halts AI expansion plans. NextDC's shares fell 40% after community backlash stalled Melbourne data center…
- Keywords: nextdc, australian data center, ai expansion, power backlash, melbourne, community opposition, shares fall, news, business, world, Shares, Drop
- Source: Nikkei Asia — https://asia.nikkei.com/business/technology/australian-data-center-operator-nextdc-shares-fall-40-after-power-backlash
- Published: 2026-10-21T06:04:13+00:00
- Read time: 1 min
- Topics: nextdc, australian data center, ai expansion, power backlash, melbourne, community opposition, shares fall, news, business, world
## NextDC Shares Fall
NextDC shares plummeted 40% after community opposition stalled plans to increase power supply to a Melbourne data center.
## Power Backlash Stalls AI Expansion
Community opposition halted NextDC's Melbourne data center power expansion, delaying artificial intelligence infrastructure rollout.
## Consequence for Shares
The share price drop reflects investor concerns over stalled ai infrastructure projects and community resistance.
## Key takeaway

NextDC's shares fell 40% after community backlash stalled Melbourne data center power expansion for AI.