Big tech's massive spending on AI data centers, power, and compute infrastructure
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...