Big tech's massive spending on AI data centers, power, and compute infrastructure
President Trump hates renewable power. He’s been slagging wind and solar for years, and has canceled several large projects . Trump told Fox News:
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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 ...
, 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...
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 ...
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...
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...
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...
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...
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 ...
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...