Morgan Stanley raised its 2028 U.S. data-center power-demand estimate 43% to 97 gigawatts, with a 33-gigawatt shortfall after expected on-site power and nuclear links, possibly 68–72 gigawatts by 2029. This describes industry needs, not Morgan Stanley's own sales or profits, so its business outlook is unchanged.
The report describes a growing need for power, but says on-site generation and nuclear links are expected to reduce part of the shortage. It gives no sign of a change to Morgan Stanley's own sales, profits, or contracts, so it does not change the company's outlook.
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