Data centre physical
BOTTLENECKYears-long lead times for liquid-cooling and construction capacity let Nscale capture lease premiums and power mark-ups.
Physical infrastructure housing, powering, cooling and securing AI compute hardware, from utility service entrance to rack face. Excludes external grid connection and in-rack IT hardware. Operators earn lease premiums and power mark-ups; construction and liquid-cooling supply chains gain from constrained capacity and long lead times.
All physical infrastructure required to house, power, cool and secure AI compute hardware, from land acquisition and facility construction through to ongoing operations and decommissioning. Covers everything from the utility service entrance to the rack face; excludes the external grid connection (L2) and in-rack IT hardware (L4).
What the evidence shows
Transformer lead times from traditional OEMs run 26 weeks or longer.
gigaenergy.comEquipment lead times range from eight to 24 months.
bain.comWho controls it
Where it sits in the stack
Takes in: Entitled land, utility power at service entrance, construction labour and materials
Sends on: Commissioned, operational physical capacity (power + space + cooling + connectivity) ready for IT hardware
41 upstream · 5 downstream
Related nodes
No other tracked node in the atlas currently shares this parent.
Full scorecard, owner shares, supply edges and the full tracked roster are in the desk letter.
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