Big tech's massive spending on AI data centers, power, and compute infrastructure
Power producers , , and jumped Wednesday, benefiting in part from a rosy write-up by analysts at BNP Paribas, who launched coverage of all three at “outperform” and argued that the AI energy trade — ...
Optics companies , , and rose Wednesday on signs that their products are in high demand as artificial intelligence infrastructure expands. All three stocks were up in recent premarket trading. Applie...
Terafab project , which CEO Elon Musk said could launch this week, is poised to be one of the company’s most expensive bets yet. The facility is intended to manufacture the chips needed for Tesla’s au...
dropped as much as 7.5% in premarket trading on Tuesday, after the AI infrastructure company announced its intentions to sell $3.75 billion worth of convertible senior notes with maturities in 2031 an...
One. Trillion. Dollars. That’s how much CEO Jensen Huang sees the company making through sales of AI chips through 2027, at least. “I am certain computing demand will be much higher than that,” he ad...
is rising Monday morning after Reuters reported the tech giant is planning to lay off 20% of its employees in an effort to use AI to make its workforce more efficient and offset its surging AI capex c...
is skyrocketing in early trading on Monday, up nearly 14% as of 8 a.m. ET, after the Amsterdam-based company announced a new five-year deal with worth as much as $27 billion. The social media giant w...
Major and supplier Hon Hai (better known as Foxconn) reported a set of mixed Q4 results. The electronic components manufacturer posted revenues of NT$2.61 trillion, ahead of estimates for NT$2.45 tr...
Americans are paying attention as Big Tech continues its unprecedented data center build-out in communities large and small across the US. The more people know about data centers, the more negative th...
Memory stocks and chip machinery companies are bouncing Wednesday, following a strong Oracle earnings report that bolstered confidence in the durability of the AI data center build-out. In fact, is t...
is the best performer in the S&P 500 on Wednesday after releasing strong third-quarter results after the close the prior day. The database giant’s ambitious plans for AI infrastructure growth has been...
said today that it’s expanding its custom silicon development to include four new generations of Meta Training and Inference Accelerator (MTIA) chips. The announcement comes just weeks after The Infor...
Jeremy Grantham knows a bubble when he sees one. And for good reason. The 87-year-old investor — a founder in the innovative Boston money management firm GMO — is legendary in part because of his publ...
is soaring in premarket trading after deepening its partnership with the world’s most valuable company. will invest $2 billion in the neocloud to help “develop and deploy the next generation of hypers...
is up 5% in postmarket trading after its quarterly results and outlook gave investors reason to cheer. The hyperscaler reported: Sales of $17.2 billion (estimate: $16.9 billion). Adjusted earnings per...
announced a “long-term” partnership with AI startup Thinking Machines Lab, founded by former OpenAI executive Mira Murati. The deal involves an investment from Nvidia and a commitment to provide 1 gig...
ticked higher in premarket trading on Tuesday after the chipmaker reported a 30% jump in sales for the first two months of 2026, compared to the year before. A key supplier for AI industry giants like...
On Tuesday, will announce its third-quarter earnings, and all eyes are on the company’s massive AI data center build-out. Last month, the company told investors that it plans to raise $45 billion to ...
shed its ample gains to turn negative after Bloomberg reported that the cloud giant and OpenAI jettisoned plans to expand a data center site in Texas that is a part of Project Stargate, citing people ...
You may have missed it, what with the Iran war, the price of oil spiking, or the ongoing questions about the durability — and future profitability — of the AI capex boom.