Meta CEO Mark Zuckerberg: AI might be a bubble but “misspending a couple of hundred billion” is worth it to achieve superintelligence
“It’s quite possible” that AI is a bubble, CEO Mark Zuckerberg told tech journalist Alex Heath, formerly of The Verge, on his new podcast, “ Access ,” and for his newsletter, Sources . That isn’t sto...
Intel spikes on Nvidia’s plan to invest $5 billion as part of a partnership to develop data center and PC products
Shares of are mooning as the chipmaker has successfully hitched its wagon to the biggest star in the semiconductor space: . In a joint press release , the two companies announced “a collaboration to...
Nvidia, Microsoft, OpenAI, CoreWeave pledge $42 billion investment in UK AI projects during Trump’s visit
, , and announced pledges to invest tens of billions to build out the UK’s AI infrastructure. Coinciding with President Trump’s visit to the UK, the companies announced new data centers, hundreds of ...
Analysts on hard drives: “Supply remains tight”
Bank of America analysts bumped up price targets for hard disk drive (HDD) industry leaders — and S&P 500 top stocks — and as surging AI data center demand for these low-cost, long-term data storage...
OpenAI doesn’t have the cash to pay Oracle $300 billion — raising it will test the very limits of private markets
There’s a playbook in Silicon Valley: raise some money; build something people want; raise a lot more money; burn it in the pursuit of growth. The core of this strategy is to swap money for time by ac...
Super Micro rises as the company begins shipments of Nvidia Blackwell chips
jumped over 6% in premarket trading on Friday after the company announced it has started shipping “Plug-and-Play (PnP)-ready” racks powered by new Blackwell Ultra chips, giving data center customers ...
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Electricity inflation hits highest level in two years as AI boom rumbles on
Consumer electricity prices were up 6.2% in August compared to last year, the highest reading in over two years. The increase underscores how growing demand from power-thirsty data centers is raising ...
Oracle’s massive sales backlog is thanks to a $300 billion deal with OpenAI, WSJ reports
OpenAI has signed a massive deal to purchase $300 billion worth of cloud computing capacity from , according to a report from The Wall Street Journal. The report notes that the five-year deal would be...
Oracle’s hyperscaler competitors lag after the cloud computing giant’s blowout revenue forecast
Oracle’s forecast for mind-blowing revenue growth through its fiscal 2030 is lifting most AI-adjacent stocks today . However, the ones being left behind in this rising tide, falling or lagging well be...
Oracle’s insane cloud infrastructure forecast is giving shades of Nvidia’s data center business
Yesterday, Oracle posted arguably the most remarkable quarter of any tech giant this year, sending the stock up as much as 30% in after-hours trading. Actually, the quarter itself was unremarkable — i...
Oracle’s outlook for massive cloud sales growth is driving a bid to buy everything AI
“Listen, even I’m sort of blown away by what this looks like going forward.” That’s how the Q&A portion of Oracle’s Q1 2026 earnings call started, with Guggenheim Securities analyst John DiFucci expre...
CoreWeave soars as Microsoft’s deal with Nebius shows unrelenting demand for AI compute
is soaring as $17.4 billion deal with shows the immense value and continued demand for all parts of the AI data center ecosystem. One additional reason for CoreWeave’s jump may be that its pending ac...
Nebius soars after signing a 5-year deal with Microsoft to supply nearly $20 billion worth of AI computing power
Artificial intelligence infrastructure group jumped more than 50% in early trading on Tuesday after the company announced after the close on Monday a major deal to supply computing power for AI oper...
OpenAI’s cash burn suggests selling Nvidia because of reported Broadcom chip orders may not make much sense
When announced that it booked $10 billion in new orders from a customer reported to be OpenAI , shares of their major AI chip rivals tanked. The judgement of the Invisible Hand was that this was near...
Broadcom’s post-earnings romp continues on heavy volumes
As enjoys a rush of new orders from a major new customer ( reported to be OpenAI) , it’s also reveling in a flood of traffic into the stock. Volumes are running at 2.5 times their daily average throu...
Nvidia, AMD tumble as Broadcom reportedly secures OpenAI as a major new customer
For the stock market, AI has been the rising tide that lifts any boat that can loosely be seen as flying its colors. But in the genesis of the AI trade this morning — the powerful chip designers of th...
Broadcom rallies on report that OpenAI is the new key customer that’s boosting its 2026 revenue outlook "significantly"
shares were as much as ~9% higher in early trading on Friday after the Financial Times reported that OpenAI is set to produce its first AI chips in partnership with Broadcom — seemingly confirming the...
Broadcom rallies after CEO says 2026 AI revenue outlook will “improve significantly” as the chip designer adds a new major customer
is booming. The chip designer posted a small top and bottom line beat in its fiscal Q3, and the details and its guidance are even more encouraging. Revenues: $15.95 billion (estimate $15.84 billion) A...
Google is reportedly pitching its AI chips to data centers
unquestionably dominates the current AI chip market, making the most popular GPUs to train and run today’s AI models.
The three technical charts raising jitters over the AI trade
A soft start to September after a poor end to August has left the most important part of the stock market — everything related to AI — in a shakier state. A Morgan Stanley basket of AI tech beneficiar...