OpenAI pulls out of Stargate Norway, hands data center off to Microsoft
First, OpenAI scrapped the expansion of its Abilene, Texas, Stargate I data center site. Then it killed Stargate UK. Now, Stargate Norway is the latest piece of the once grand Stargate global data cen...
Maine is the first to pass a statewide ban on large data centers
The tide is turning against big AI data centers. In addition to many cities and towns that have passed outright bans on data centers, lawmakers in at least 11 states have introduced legislation to pau...
Vertiv’s dominance in data center cooling earns it an “outperform”
added to its nearly 90% 2026 gain early Tuesday after BNP Paribas analysts initiated coverage on the stock with an “outperform” rating — essentially a “buy” — and a $345 price target, about a 15% prem...
Report: Amazon hopes its Project Houdini modular data center plan is the trick to speed up construction
is looking for a magic trick that can help it get past data center construction bottlenecks so it can work through the $244 billion worth of cloud computing backlogs it wants to deliver. It may have j...
CoreWeave strikes deal with Anthropic to rent data center capacity to power Claude
struck a multiyear deal with Anthropic to rent data center capacity to build and deploy its Claude AI models, the company announced Friday . The company did not specify how much the deal is worth. The...
OpenAI’s Stargate shrinks further as UK data center “paused”
OpenAI’s ambitious Stargate global data center project just got smaller. First announced at the White House alongside President Trump at the start of his second term, the OpenAI partnership with and ...
Applied Digital Q3 results crush estimates
delivered Q3 results far better than expected, but the stock is running into some overhead resistance. For its fiscal Q3, the data center operator reported: Revenue of $126.6 million (estimate: $76.5 ...
Alibaba launches new data center powered by 10,000 of its custom chips
announced a new data center in southern China, in a partnership with China Telecom powered by its own Zhenwu chips. The new data center will contain 10,000 of the homegrown chips, and may scale up to ...
Data center trade revived on Iran war ceasefire
Data center stocks leapt early Wednesday, as the Iran war ceasefire reinvigorated risk-taking aimed at the booming AI build-out. A wide range of stocks related to building and powering data center she...
Applied Optoelectronics jumps after hyperscaler more than doubles its recent order
is soaring on Monday after a hyperscaler upped demand for its components, which help servers in data centers relay information. After the close on Thursday, the optics and networking company announced...
Data center trade reboots amid Iran relief rally
Memory, networking, chipmaking machinery, semiconductor, and rack-building stocks were all up early Wednesday, in a broad-based reboot of the data center trade on growing optimism about America’s pote...
Constellation tumbles after posting underwhelming guidance, failing to announce new data center deals
AI power trade tumbled early Tuesday after issuing an investor day update the market seemed to find unsatisfactory. The company introduced full-year 2026 operating earnings guidance of between $11 an...
Vertiv falls after Jefferies downgrade, company announces $50 million to expand Ohio manufacturing capacity
is sliding 2% in premarket trading on Tuesday after the data center digital infrastructure provider was downgraded to “hold” from “buy” by analysts at Jefferies. Citing risks in slowing hyperscaler ca...
Sen. Sanders and Rep. Ocasio-Cortez introduce data center moratorium bill
Tapping into the growing public pushback surrounding the data center construction boom, Sen. Bernie Sanders, I-Vt., and Rep. Alexandria Ocasio-Cortez, D-NY, have announced The AI Data Center Moratoriu...
Amid Mideast conflict, investors cling to faith in the AI build-out
Data center build-out stocks showed impressive resilience to the slump that hit big indexes Tuesday. In fact, construction companies, server system makers, fiber-optic technology stocks, and memory ma...
Meta and Arm team up to build a new class of data center chips
The AI boom was powered by companies training models using GPUs. But now as the field enters the age of inference, the humble CPU may be reclaiming its place in the spotlight. Today announced a part...
America is officially spending more on building data centers than offices
It’s finally happened: spending on data center construction surpassed offices for the first time at the end of last year. America’s construction spending on data centers reached a record annualized ra...
Tech giants including Microsoft and Oracle can’t get data centers built fast enough. Construction stocks are ripping on the demand.
Everyone knows beneficiaries of the AI buildout have been great trades over the past few years. From memory plays like and to AI energy stocks like and , some of the biggest gainers have been parti...
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...
War in the Middle East halts Meta’s undersea fiber project
massive undersea cable project connecting Africa and the Middle East to Europe has run into an unexpected obstacle — not under the sea, but in the sky and land above: the war in the Middle East. Accor...