[Morgan Stanley: Hyperscalers and Emerging Cloud Providers' Data Center Capacity to Surge 48% YoY by 2027] According to a report by Jinse Finance on October 17, Morgan Stanley stated that by 2027, the additional computing capacity of data centers from hyperscalers and emerging cloud providers (neocloud) will surge 48% year-on-year, reaching 32 gigawatts (GW). Google, Amazon, Microsoft, and Meta, the four major hyperscalers, will contribute approximately 85% of the new construction volume. In 2028, an additional 39 gigawatts will be added, representing a 21% year-on-year expansion.