Riot Platforms rises on activist push to accelerate AI data center pivot
Shares of major crypto miner jumped as much as 5.6% in premarket trading Wednesday after activist investor Starboard Value urged the company, in a letter seen by Bloomberg, to accelerate its shift fr...
Applied Digital, WeRide, and Recursion Pharmaceuticals dip as Nvidia exits positions
Three stocks took a dip in after hours trading on Tuesday after 13F filing showed the chip designer sold its stake over the final three months of 2025: , a data center operator in which Nvidia was th...
Nvidia enhances partnership with social media giant Meta to deploy “millions” of its GPUs
is laying it out in no uncertain terms: its AI build-out will be brought to you by . In pair of press releases after the close on Tuesday, the social media giant and chip designer detailed a “multi-ye...
Sony is reportedly considering pushing the PlayStation 6 to 2028 or 2029 as AI RAM demand squeezes consumer electronics
AI’s ongoing need for more memory chips, which some are referring to as “RAMmageddon,” is reportedly shifting plans for its next PlayStation console. According to reporting by Bloomberg, the company ...
Fund managers fretting over Corporate America’s “overinvestment” are only worried about one thing
Big Tech capex makes the world go ’round. In the US, the enduring AI build-out is responsible for fueling some explosive gainers, namely in memory chip and semicap stocks . But these hot pockets of th...
Amazon just matched its longest losing streak in 20 years
shares marked their ninth straight day of losses — the company’s longest losing streak since 2006. The milestone follows a fourth-quarter earnings miss, downbeat guidance, and a plan to spend a whoppi...
Applied Materials soars as Wall Street scrambles to boost price targets after “narrative-changing quarter”
Wall Street has fresh conviction that is a winner as the AI boom forces an expansion of chipmaking capacity. The semicap company reported a top- and bottom-line beat, along with Q2 guidance that exce...
Massive AI expenses will start coming back to roost soon. Analysts say tech workers should be worried.
The vibes should have been good. fourth-quarter numbers had just trounced expectations . Revenue hit an all-time high. The stock price was ripping after-hours. But as longtime tech analyst Laura Marti...
Fresh off an IPO, SOLV Energy’s CEO sees a bright future with burgeoning demand, despite Trump’s distaste for solar
Driven by hundreds of billions of spending by Big Tech on AI infrastructure, demand for electricity has never been higher. One of the few constraints on companies racing to build ever-larger data cent...
Meta breaks ground on massive $10 billion AI data center — and the costs won’t stop there
announced today that it broke ground on a new, giant AI data center. This one is located in Indiana, has 1 gigawatt of capacity, and will cost more than $10 billion. In a press release, the company to...
Micron jumps as CFO says company has started HBM4 shipments ahead of schedule
is surging on Wednesday after a key executive said the company is getting its next-generation memory chips into customers’ hands ahead of schedule. “We have been in high-volume production on HBM4. We’...
Ives: Microsoft and Google’s giant capex plans are worth it
Don’t mind the AI sell-off, says Wedbush Securities analyst Dan Ives, who thinks fears around seemingly unfettered Big Tech capex budgets are unfounded, especially in the case of and . Together, the ...
AI infrastructure company Vertiv soars after Q4 earnings beat, 2026 outlook crushes expectations
AI infrastructure company is spiking after posting sunny guidance and Q4 earnings that beat estimates. For Q4, the major provider of power and cooling solutions for data centers reported: Adjusted ea...
Meta reportedly expands Hyperion data center site, purchasing an additional 1,400 acres
Construction is humming along on at gargantuan Hyperion data center in Richland Parish, Louisiana. And Meta is seemingly already moving ahead with plans to greatly expand the site. A new report from ...
How the Big Tech companies are spending their huge capex budgets
Despite setting records for capital expenditure in 2025, , , , and are ratcheting up capex again this year, with analysts expecting an increase of 50% to a total of more than $600 billion in 2026. Mi...
Report: Anthropic staffing up to build as much as 10 gigawatts’ worth of data centers
Anthropic has been hiring a team of executives with a very particular set of skills: building huge data centers. The Information is reporting that Anthropic may be planning to build up to 10 gigawatts...
Google plans $15 billion US bond sale as capex surges
is preparing a roughly $15 billion US investment-grade bond sale, Bloomberg reports, citing people familiar with the deal. The offering is expected to be split into as many as seven tranches, with ini...
Report: OpenAI may tailor a version of ChatGPT for UAE that prohibits LGBTQ+ content
In June of last year, OpenAI CEO Sam Altman appeared in Abu Dhabi, UAE, alongside CEO Jensen Huang to announce “ Stargate UAE ,” a project that includes a 1-gigawatt AI data center in Abu Dhabi, and ...
Analysts think Amazon’s sky-high capex is a good thing, even if there’s “shock value” for investors
is down 8% today after reporting earnings below expectations, light profit guidance, and an eye-watering $200 billion capital expenditure forecast for this year. But as was the case with earlier in th...
The AI supply chain is soaring thanks to Amazon’s capex budget
If tech companies are going to spend way more than expected on capex, well, that means other companies are poised to benefit from that massive spending spree. ’s plan for $200 billion in business inve...