Applied Optoelectronics jumps after hyperscaler more than doubles its recent order
is soaring on Monday after a hyperscaler upped demand for its components, which help servers in data centers relay information. After the close on Thursday, the optics and networking company announced...
OpenAI’s Altman and Friar reportedly disagree on IPO timing and AI compute spending commitments
Money can’t buy C-suite harmony. Fresh off booking $122 billion at a valuation of $852 billion , OpenAI’s top brass reportedly have a difference of opinion on how quickly the ChatGPT maker should purs...
AI server cluster maker Penguin Solutions takes flight
Small-cap AI server cluster maker surged Thursday after posting better-than-expected Q2 revenue and profit numbers Wednesday after the close, along with an increase in full-year sales and profit guid...
Momentum returns to optics stocks as the release valve for AI optimism
Potentially imminent end to the war? Buy optics stocks. Maybe not? Buy optics stocks anyway. Effectively all the juice left in the AI trade is coming from optics (and memory) stocks. And the latter gr...
Data center trade reboots amid Iran relief rally
Memory, networking, chipmaking machinery, semiconductor, and rack-building stocks were all up early Wednesday, in a broad-based reboot of the data center trade on growing optimism about America’s pote...
CoreWeave jumps after closing unique financing deal to borrow $8.5 billion backed by its chips and Meta’s AI compute purchases
Shares of are spiking on Tuesday after the company announced that it closed an $8.5 billion loan backed by its chips and what is willing to pay to use them. Last September, the neocloud reached an a...
Marvell spikes after Nvidia invests $2 billion in the custom chip maker
Shares of are spiking in premarket trading after announced that it’s investing $2 billion in the custom chip company as part of another strategic partnership. The pact will see Marvell “provide cust...
Fermi falls after annual report shows steep losses, still no tenant
fell after it released its first annual report , which showed the cost for its power site is mounting while it still doesn’t have any customers secured. Shares dropped about 11% in premarket trading f...
Meta’s energy deal with Entergy boosts AI-linked utilities stocks
Shares of are soaring on Friday after agreed to fund the creation of seven natural gas-fired power plants to secure energy for its mammoth Hyperion data center project in Louisiana . The news is als...
Argan spikes on massive Q4 sales beat as power plant supplying PJM region completed ahead of schedule
The ability to add supply ahead of schedule to an energy-hungry AI boom drove a massive earnings beat for power plant builder in Q4. In the three months ended January, Argan’s adjusted earnings per s...
Giga Texas transformed the Austin landscape. Elon Musk thinks Terafab could be about 10x the size.
upcoming chip plant , Terafab, is expected to dwarf anything the company has built before. For comparison, its flagship factory, Gigafactory Texas , comprises roughly 10 million square feet across mul...
After taking a dip when the war started, fiber-optic stocks are running at light speed again
War or no war, the AI boom continues. And so does the hunt for companies positioned at choke points in the AI investment frenzy, allowing them to vacuum up a healthy share of the cash pouring into the...
Reports: OpenAI winding down Sora as Altman focuses on data centers
The Wall Street Journal and The Information report that OpenAI is discontinuing its once viral Sora text-to-video generation app. Sora debuted late last year and started off scorching hot, but quickly...
Amid Mideast conflict, investors cling to faith in the AI build-out
Data center build-out stocks showed impressive resilience to the slump that hit big indexes Tuesday. In fact, construction companies, server system makers, fiber-optic technology stocks, and memory ma...
America is officially spending more on building data centers than offices
It’s finally happened: spending on data center construction surpassed offices for the first time at the end of last year. America’s construction spending on data centers reached a record annualized ra...
Musk’s Terafab might be his most technically difficult challenge yet
Elon Musk likes to do hard things. Electric cars, reusable rockets, massive data centers, robots — all considered insanely difficult challenges that his businesses have (at least partially) pulled off...
What we know about Tesla’s Terafab, the “most epic chip-building exercise in history by far”
With Terafab project, the company is stepping into uncharted territory. Not only is it planning what could be the largest semiconductor fabrication plant in the world , it’s doing so with virtually n...
Tesla and SpaceX to jointly run “most epic chip-building exercise in history by far”
In the latest instance that Elon Musk views and SpaceX as effectively one company, the CEO of both announced Saturday that the two firms will join forces on his Terafab project — what Musk says will ...
Micron blew the lights out on earnings, so why is the stock dropping?
For a company of its size, delivered one of the most stunning beats in recent memory yesterday, with shades of in the early days of the AI boom, as revenue came in 21% ahead of Bloomberg-compiled an...
Tech giants including Microsoft and Oracle can’t get data centers built fast enough. Construction stocks are ripping on the demand.
Everyone knows beneficiaries of the AI buildout have been great trades over the past few years. From memory plays like and to AI energy stocks like and , some of the biggest gainers have been parti...