GE Vernova rises on plan to address data center power needs
rose Friday as the market digested reports of Trump administration plans to effectively push hyperscalers to foot the bill for new power plants to feed the giant grid that’s home to some of country’s ...
Trump to push Big Tech to fund new power plants as AI drives up electricity costs
President Donald Trump is expected to announce a plan Friday morning that would require Big Tech companies to bid on 15-year contracts for new electricity generation capacity. The move would effective...
TSMC’s blowout quarter, guidance, and capex plans send AI to the sky
stellar Q4 results , bright Q1 guidance, and willingness to spend way more on capital expenditure than analysts had anticipated this year are giving a big jolt to the AI trade. “We believe the strong ...
Report: Microsoft on track to spend $500 million per year on Anthropic AI
Last fall, and OpenAI’s $13 billion partnership seemed to finally be on solid ground. OpenAI’s restructuring was completed on time, and the companies hammered out an updated agreement that secured Op...
Wedbush’s Dan Ives warns Trump’s new focus on household electricity bills risks “slowing down the data center buildouts” at a “crucial time”
Call it SophAI’s choice. President Donald Trump is aiming to shield American households from one of the negative side effects of the AI boom — higher electricity prices — by calling on tech giants to ...
Microsoft unveils “community-first AI infrastructure plan” after Trump calls out data centers for high electricity bills
is committing to paying up for its data center electricity needs so American households won’t have to face higher costs. This announcement comes after President Donald Trump posted on Monday evening t...
President Trump calls for tech giants to “pay their own way” on energy, says Microsoft will make “major changes”
The AI data center boom that’s driving massive growth for hyperscalers’ cloud businesses must “never” cause Americans to pay higher electricity prices, President Donald Trump wrote in a Truth Social p...
Vistra and Oklo soar on nuclear energy deals with Meta to support data center boom
AI utility darling and zero-revenues nuclear company are flying higher on Friday after both companies announced deals with Meta. Shares of both companies are up double digits as of 7:30 a.m. ET. The...
Applied Digital rises after posting massive Q2 sales beat, with management in “advanced discussions” to add another hyperscaler client
is up 4.7% in premarket trading as of 8 a.m. ET, after the AI data center operator shared better-than-expected Q2 2026 results on Wednesday evening while saying it’s in “advanced discussions” to add a...
Nvidia’s partners really want you to know they’re involved with Vera Rubin, too
Everybody’s trying to get on the Vera Rubin rocket ship. Nvidia CEO Jensen Huang’s confirmation that its new flagship AI chips are in “full production” sparked a flurry of announcements from partners ...
Wall Street’s key takeaways from Nvidia CEO Jensen Huang’s speech and analyst Q&A at CES
When the leader of the biggest publicly traded company in the world delivers a 90-minute presentation, Wall Street is going to have some things to say about it. Here’s what the sell side highlighted f...
Nvidia briefly pares losses after Jensen Huang says Vera Rubin chips are in full production
briefly erased its daily drop in postmarket trading after CEO Jensen Huang announced that its Vera Rubin chips are in full production. “If Vera Rubin is going to be in time for this year, it must be i...
Report: Returns on Nvidia’s Omniverse business are underwhelming
Today in Las Vegas, Jensen Huang will be taking the stage at the CES conference to show off his company’s latest innovations. If you’ve watched any of Huang’s impressive jargon-filled keynote speeche...
Micron surges as Foxconn’s sales beat and rivals plan production boosts, underscoring demand for memory chips
The start of the year is bringing more reassuring signs about the longevity and intensity of the AI build-out, letting the good times roll for , with the stock up nearly 4% in premarket trading. Hon H...
AI downstream stocks tumble even as their picks and shovels peers soar
While the AI picks and shovels stocks are enjoying a strong start to 2026, the same can’t be said for the companies more downstream in this theme — even most of the hyperscalers. The S&P 500’s biggest...
Nvidia, TSMC rise as the world’s most valuable company reportedly asks for more chips to meet Chinese demand
and are modestly higher in premarket trading Wednesday after Reuters reported that the chip designer asked the Taiwanese chip manufacturing giant to boost production of its H200 AI chips. Earlier thi...
Looking back at 2025 in charts
2025 was a busy year for news. What with whipsawing tariffs , booming AI data centers , driverless taxis , flying cars , weight-loss drugs , and billionaire beefs ... it was a lot. As we look back on ...
Will Corporate America’s AI adoption justify the massive capital spending?
We don’t seem to live in a world where AI capex for capex’s sake is rewarded by investors anymore. Investors likely need to see increasing downstream adoption — that is, AI being used more and more in...
Nvidia strikes licensing agreement with AI inference specialist Groq
reached an agreement to work with AI chip startup Groq to enhance its inference capabilities. CNBC is calling this a $20-billion acquisition in cash, citing the top investor in Groq’s latest financing...
POET Technologies jumps on elevated call activity
Optical communications company is up double digits in early trading on Monday as this potential supporting player in the AI boom gets a bid from the options market. Just an hour after the opening bel...