Data center CEO reveals why Malaysia's 14% power hike could cost you millions
Key Points
- Malaysia's recent power tariff hike of 10% to 14% could add ...
Malaysia just handed its data center industry the equivalent of a $20 million annual electric bill surprise, and the tech giants who parked billions there are suddenly looking around for the exit signs.
The country that once wooed Microsoft and Google with cheap electricity just cranked up power tariffs by 10% to 14% as of July 1st. For perspective, a single 100-megawatt data center now faces an extra $15 to $20 million in annual operating costs - that's enough to buy a decent yacht, or several Lamborghinis, depending on your investment preferences.
**When Your Competitive Edge Gets a 14% Ma...
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