Constellation, Talen, and NRG surge as BNP analysts see “golden (AI)ge” ahead for them
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 stocks rise as executives signal more AI-related demand
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...
Morgan Stanley thinks Tesla’s Terafab could cost an additional $35 billion to $45 billion in capex
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...
Nebius drops after announcing that it aims to raise $3.75 billion in a convertible loan offering
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...
Nvidia briefly spikes after Jensen Huang sees at least $1 trillion in AI chip sales through 2027
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...
Meta’s reported 20% layoff could bring headcount to its lowest level since 2021
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...
Nebius soars after signing AI infrastructure deal with Meta worth up to $27 billion over 5 years
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...
Hon Hai’s profit miss is still good news for the AI boom
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...
Most Americans have heard about data centers — the more they learn, the more negative their views
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...
AI “bottleneck” stocks are the big winners halfway through a tumultuous week
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...
How Oracle is de-risking its AI boom
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...
Meta doubles down on custom inference chips after reportedly scrapping training chip
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...
Are the tech giants destroying their own golden age by fire-hosing money into AI?
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...
Nebius spikes after announcing $2 billion investment from Nvidia
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...
Oracle jumps after Q3 results exceed expectations, boost to sales guidance
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...
Nvidia partners with Mira Murati’s Thinking Machines Lab for 1 gigawatt of Rubin GPUs
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...
TSMC grew its sales 30% year on year in January and February
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...
What to look for in Oracle’s Q3 earnings
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 ...
Oracle drops after report that it and OpenAI scrapped plans to expand a data center site in Texas
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 ...
The slow-motion private credit crunch continues
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.