Big tech's massive spending on AI data centers, power, and compute infrastructure
Stocks hitched to the data center boom were key contributors to the market slump Tuesday, with Nvidia and the so-called hyperscalers — , , , and — among the biggest contributors to the downturn in th...
is getting trounced along with most other high-beta growth companies in early trading on Tuesday, as its top shareholder as well as some of its executives continued to take profits in the name they’re...
Hyperscaler is among the biggest losers in the S&P 500 on a day when traders are seemingly taking a big step back from the AI trade. Soft Q3 revenue guidance from chip designer Marvell Technology and...
Super Micro’s accounting issues aren’t fully behind it. “We have identified material weaknesses in our internal control over financial reporting, which could, if not remediated, adversely affect our a...
Nvidia did just enough in its Q2 results this week to keep the AI train rolling. Some investors saw the slight data center miss as a concern; others — including most Wall Street analysts — were satisf...
is down 6% premarket after issuing soft guidance for the third quarter. The tech hardware company’s second-quarter earnings and revenue figures released after the bell on Thursday, however, did manage...
slumped more than 13% in premarket trading after posting lower-than-expected data center results and a weak forecast for the third quarter. Though Q2 revenues were up 58% year over year to a record $2...
solid second-quarter earnings report showed how good it is to be the seller of the best pickax in the town with the big gold mine. All of the big AI players are racing to pour hundreds of billions of ...
made over $26 billion in net income in its second quarter, putting it third among S&P 500 companies as of their most recent quarterly filing and trailing only and . However, if you zeroed in on just ...
second-quarter results are out, and it’s a top- and bottom-line beat: However, you’ll note that the sales beat is not due to any positive surprise in its data center business, which modestly missed ex...
The second-quarter reporting period showed that competitors have been making up ground on in a key AI battleground among tech giants : their cloud businesses. Amazon Web Services’ revenues rose 17.5% ...
and are teaming up to develop “quantum-centric supercomputing” — a combination of one powerful investment theme that’s been a key driver of market performance and earnings growth (AI) with another w...
shares were up about 3.4% Monday afternoon, among the leaders of the S&P 500, after another show of confidence from Wall Street. Cantor Fitzgerald reiterated its “buy” rating and stuck a $175 price ta...
Semiconductor testing equipment maker is mooning after saying that a major hyperscaler has ordered even more of its systems to appraise their AI processors. Nearly one year ago, the company first ann...
, a maker of optical communication devices with many use cases (including in AI data centers!), is tumbling after management said that sales in its data communication business are expected to fall in ...
jumped 13% in premarket trading this morning after announcing that AI cloud platform Fluidstack exercised its option to expand at the company’s Lake Mariner, New York, data center campus. The mining ...
The race to build bigger and bigger AI data centers is creating huge demand for new power infrastructure. So much so that the biggest names in tech are getting into the energy business themselves. The...
The sight you see in is a bunch of people climbing out of a building’s window after the fire alarm rings, fearing they’ll be trampled underfoot by a bunch of larger people standing near the door. Sha...
TeraWulf jumped more than 32% in early trading this morning after it announced two 10-year $3.7 billion AI hosting deals with AI cloud platform Fluidstack. The agreement includes two five-year extensi...
Taiwan’s Hon Hai Technology Group, better known as Foxconn, said in its second-quarter earnings report that it expects its AI server revenue to more than double in the current quarter, thanks in part ...