CoreWeave jumps on agreement to support Perplexity’s AI inference needs
popped in premarket trading after announcing that it entered into a “multi-year strategic partnership” with Perplexity, which will see the AI answer engine company use the neocloud’s compute to suppor...
Apple updates Mac chips and amps up AI claims
Apple’s new M5 Pro and M5 Max chips are the latest step in its steady silicon march: faster CPUs, stronger graphics, more memory bandwidth. The 30% CPU performance increase is meaningful but increment...
Nvidia gains after being named Morgan Stanley’s top pick in semis, striking two optical communications partnerships
Shares of are on the rise in early trading Monday after Morgan Stanley called the world’s most valuable company its most attractive opportunity among semiconductor stocks and after management reached...
Lumentum and Coherent surge after Nvidia invests $2 billion apiece to develop advanced optics technologies
Shares of and are mooning in premarket trading after AI juggernaut announced that it was investing $2 billion in each firm to develop their advanced optics technologies. As part of these pacts, Nvi...
The return of AI credit risk is crushing data center stocks, tipping over other speculative trades in the process
The upstarts participating in the disruptive industry of today as well as the speculative trades that mark the industries of the future are getting crushed on Friday. It’s a sign of the creeping inves...
Meta reportedly strikes multibillion-dollar AI chip deal with Google as it struggles to design its own
has signed a deal with to rent tensor processing units to develop new AI models and is in talks to buy the chips for its data centers, The Information reports . The agreement comes on top of a recent...
Delays in permitting, power, and zoning cause first drop in data center construction since 2020
Despite incredible demand, the number of data centers under construction in North America fell for the first time since 2020, according to new research from CBRE. Total data center capacity under cons...
CoreWeave tumbles on weaker-than-expected Q4 adjusted EBITDA
is tumbling in postmarket trading after suffering a big bottom-line miss along with much higher-than-anticipated capital expenditure. For Q4, the neocloud reported: Revenues of $1.57 billion (estimate...
Dell soars after beating expectations for Q4 sales and EPS
topped Wall Street expectations for Q4 earnings per share and sales late Thursday, giving shares a fillip in the after-hours session, climbing over 8%. The PC, data storage, and server maker reported:...
OpenAI may need to IPO or achieve AGI to get all of Amazon’s $50 billion investment
A month ago, word got out that was planning to invest up to $50 billion in OpenAI as part of a larger $100 billion funding round. Now, it seems that money might be dependent on OpenAI pulling off one...
Sandisk rises on partnership with SK Hynix to standardize memory chip architecture tailored for AI data centers
is up 3% in premarket trading on Thursday after it began its global standardization strategy of high-bandwidth flash (HBF) memory solutions with SK Hynix. SK Hynix commented in a press release on Thur...
Nvidia’s strong results, guidance lift AI ecosystem
Data center stocks , , , and as well as foundry giant and optical communications company are catching a bid in after-hours trading thanks to strong results and guidance from Nvidia.
Amazon, Google, Meta, Microsoft, Oracle will agree to “build, bring, or buy” AI data center power
A month after President Trump called on Big Tech companies to “pay their own way” for data center energy — and a day after Trump pledged as much in his State of the Union address — a number of tech’s ...
Top AI energy trade Constellation Energy beats earnings expectations
Nuclear power plant operator reported Q4 earnings Tuesday before the start of trading in New York that edged ahead of analysts’ expectations for profitability, while revenue soared ahead. The owner o...
AMD soars after striking AI chip deal with Meta valued at over $100 billion
is spiking in premarket trading on Tuesday after the company booked another major customer for its GPUs. The chip designer struck a deal with to deploy 6 gigawatts’ worth of AI infrastructure (that i...
What Amazon’s latest data center announcement says about AI right now
Another day, another Big Tech data center. Today announced plans to spend $12 billion on its first data center campuses in Louisiana. “Amazon’s $12 billion investment in northwest Louisiana will build...
Report: OpenAI’s Stargate has been a chaotic mess
Just over a year ago, OpenAI CEO Sam Altman stood alongside President Trump, Larry Ellison, and CEO Masayoshi Son to announce an ambitious $500 billion plan to build massive data centers in the US —...
OpenAI’s planned cash burn was unlike anything we’d ever seen — now they’re doubling it
Many of the world’s most successful tech startups burned cash for years before they got out of the red. Lighting tens of millions of dollars — or even a few billion in the most extreme cases, like Ube...
Nvidia nears $30 billion investment in OpenAI’s funding round, the FT reports
is close to investing $30 billion in OpenAI as part of its long-discussed funding round, per the Financial Times . Bloomberg had previously reported that Nvidia would be investing $20 billion in this ...
AMD to “effectively guarantee” a loan to AI startup Crusoe that will be used to purchase its chips, The Information reports
will “effectively guarantee” a $300 million loan to data center company Crusoe from Goldman Sachs, according to The Information. That is, Crusoe is taking out a loan to purchase AMD’s chips, and the c...