Trump administration warned that it can’t win the AI race without renewables: FT
President Trump hates renewable power. He’s been slagging wind and solar for years, and has canceled several large projects . Trump told Fox News:
Constellation Energy wipes out big losses to surge on AI data center deal hopes
It was shaping up to be a dark day for . The stock was tumbling in the premarket session after the company’s Q1 earnings before interest, taxes, depreciation, and amortization fell 45% shy of expectat...
Jensen Huang thinks “San Francisco is back” thanks to AI
AI is in everything, everywhere, all at once again — and now it’s bringing SF back to life after the pandemic exodus, according to CEO Jensen Huang. “It’s because of AI that San Francisco is back,” H...
Big Tech capex doesn’t seem to be slowing down
Despite economic uncertainty , Big Tech is still spending big on capital expenditures. , , , and combined spent about $72 billion on purchases of property and equipment last quarter. That’s down slig...
Meta says that Threads now has more than 350 million monthly active users
Social media giant reported its first-quarter earnings on Wednesday , and there was a lot to like: ad revenues increased 16% year over year; its AI data center plans are ramping up; and total revenue...
Nadella: “I feel very, very good” about the pace of Microsoft’s data center plans
Yesterday delivered a blowout earnings report, beating expectations fueled by strong demand for AI on its Azure cloud computing services. Investors were quite happy, with the stock up over 9% in ear...
AI hyperscalers just made Nvidia the center of the market universe again
When AI hyperscalers deliver quarterly reports, it’s almost like they’re preannouncing results for Nvidia. Microsoft said that AI drove nearly half the growth in the better-than-expected revenues for ...
Meta is spending more on additional AI infrastructure, and tariffs are pushing the costs even higher
needs more AI infrastructure, so its capital expenditures this year will be higher than it previously guessed. In the company’s latest earnings report, which beat analysts’ expectations , Meta said it...
The AI trade catches fire after Microsoft, Meta earnings reports
Traders jumped headfirst into the AI trade after-hours on Wednesday, following glowing earnings reports from and . Meta, for one, said it would spend more on AI-related data centers than the already ...
Super Micro’s massive sales miss is the latest headache for the volatile AI trade
The “will he/won’t he” of tariffs has understandably become the crucial linchpin upon which stock markets turn as of late. But cracks in the AI momentum trade preceded the top in US stock markets, and...
Musk’s “Colossus” AI data center is spewing methane from portable gas turbines: report
In September, Elon Musk announced that xAI had fired up its massive “Colossus” AI data center in South Memphis, Tennessee. Musk boasted that the whole project took only 122 days to complete. Powered b...
CoreWeave initiated with “buy” from Bank of America as a “best of breed provider”
Shares of are surging on Tuesday after a host of Wall Street banks initiated coverage on the recently IPO’d cloud-computing company with largely bullish views. Among those was Bank of America, where ...
Amazon taps the brakes on AI data center spending as economic jitters spread
, the largest US cloud provider, is quietly hitting pause on its AI infrastructure expansion as heated economic uncertainty pushes tech biggies to scrutinize their billion-dollar bets on AI. In a note...
TSMC jumps on strong second-quarter outlook with AI demand unblemished by tariffs
The world’s biggest chipmaker is undaunted by the trade war or increased restrictions on semiconductor exports to China. is up nearly 3% in early trading after the Taiwan-based foundry giant issued a ...
Microsoft halts Ohio data center project, surprising local officials
has halted a data center project in Heath, Ohio, catching local officials off guard, according to Bloomberg. This follows earlier reports of the company pausing or canceling other AI infrastructure pr...
How will tariffs impact Big Tech’s AI data center plans? Not that much, says Morgan Stanley
Big Tech companies say they are still going full speed ahead on plans to build out $315 billion worth of data centers to power the AI boom. (Well, maybe not .) But what effect will the on-again-off-ag...
Nvidia soars after tariff exemptions and pledge for $500 billion in US investment over next four years
has gotten the message to make chips in this country. The world’s most valuable chip designer announced that flagship Blackwell GPUs are being produced in Arizona, and pledged $500 billion in investme...
Power demand from US data centers will double by 2030, per the IEA
According to a report from the International Energy Agency published last week , electricity demand from data centers is forecast to double by the end of the decade, as Big Tech goes even bigger on AI...
Goldman Sachs: Data center demand is peaking in 2025
2025 will be the year of peak data center demand, according to a new report from Goldman Sachs analysts. While occupancy rates are high, Goldman’s prior estimate of data center demand peaking in 2026 ...
Amazon CEO Andy Jassy defends the company’s AI investments
In CEO Andy Jassy’s letter to shareholders out today, he mentions “AI” more than 25 times. Amid tariff uncertainty that Wedbush analyst Dan Ives today said could hamper 10% to 15% of AI projects, Ja...