Applied Digital whipsaws after posting quarterly revenue beat in Q1
Shares of are gyrating down and up and down again in postmarket trading after the company reported better-than-expected results for its fiscal Q1, the three-month period ended August 31. The data cen...
POET Technologies is the newest low-price stock seeing record volumes and call activity thanks to retail traders
is the new shiny toy for retail traders. The company, whose optical communication tech aims to speed data transmission in AI data centers, soared 23% on Tuesday amid record volumes and call option vol...
Musk’s xAI spending $18 billion for another 300,000 Nvidia GPUs for “Colossus 2”
Elon Musk’s xAI is racing to finish its “Colossus 2” AI data center in Tennessee, and will need to spend at least $18 billion for the remaining 300,000 GPUs, according to a report from The Wall Stree...
Rising ambitions and skyrocketing costs: Here’s what we know about Project Stargate
As tech giants like , xAI, , and race to build colossal AI data centers , one massive undertaking stands apart from the rest in its ambitious goals: Project Stargate. In the eight months since Starga...
CoreWeave’s streak of deals continues with $14 billion agreement with Meta for AI compute
signed a deal to provide up to $14.2 billion of compute to on September 25, according to a filing released this morning. The pact lasts through December 14, 2031, and includes an option for the Zucke...
Disk drive makers rip, analyst cites conviction on cycle upswing
and — makers of the affordable data storage devices known as hard disk drives — surged Monday amid a general upswing in the AI data center trade and after a specific shout-out to the sector by Morgan...
The AI infrastructure debate’s heating up, as spending on data centers set to outpace office construction
Depending on who you ask, the AI data center boom is either an obscene waste or not fast enough. Just yesterday, famed investor David Einhorn cautioned that there’s a “chance that a tremendous amount ...
OpenAI, Oracle, and SoftBank announce five new AI data center sites, putting Stargate ahead of schedule
Since Oracle’s $300 billion deal with OpenAI grabbed the headlines a few weeks ago — sending Oracle’s stock soaring and briefly making its chairman the world’s richest person — some of the biggest que...
Clash of the titans: Here are the biggest AI data center projects
Nvidia’s $100 billion megadeal with OpenAI to build massive AI data centers filled with Nvidia GPUs sets a new threshold for unprecedented computing power: the plan describes a partnership to build a ...
Nvidia jumps on plans to invest up to $100 billion in OpenAI as part of data center expansion
shares jumped as the company said it would invest as much as $100 billion into OpenAI as part of an unprecedented data center buildout. Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman made the annou...
Bitcoin miner IREN surges on AI data center announcement
Australian midcap bitcoin miner and contract data center operator jumped in early trading after announcing additional purchases of and GPUs to strengthen its business as a spot provider of data cen...
Nvidia, Microsoft, OpenAI, CoreWeave pledge $42 billion investment in UK AI projects during Trump’s visit
, , and announced pledges to invest tens of billions to build out the UK’s AI infrastructure. Coinciding with President Trump’s visit to the UK, the companies announced new data centers, hundreds of ...
Analysts on hard drives: “Supply remains tight”
Bank of America analysts bumped up price targets for hard disk drive (HDD) industry leaders — and S&P 500 top stocks — and as surging AI data center demand for these low-cost, long-term data storage...
Super Micro rises as the company begins shipments of Nvidia Blackwell chips
jumped over 6% in premarket trading on Friday after the company announced it has started shipping “Plug-and-Play (PnP)-ready” racks powered by new Blackwell Ultra chips, giving data center customers ...
Oracle’s insane cloud infrastructure forecast is giving shades of Nvidia’s data center business
Yesterday, Oracle posted arguably the most remarkable quarter of any tech giant this year, sending the stock up as much as 30% in after-hours trading. Actually, the quarter itself was unremarkable — i...
CoreWeave soars as Microsoft’s deal with Nebius shows unrelenting demand for AI compute
is soaring as $17.4 billion deal with shows the immense value and continued demand for all parts of the AI data center ecosystem. One additional reason for CoreWeave’s jump may be that its pending ac...
Nebius soars after signing a 5-year deal with Microsoft to supply nearly $20 billion worth of AI computing power
Artificial intelligence infrastructure group jumped more than 50% in early trading on Tuesday after the company announced after the close on Monday a major deal to supply computing power for AI oper...
AI data center trade dented in the first trading session of September
Stocks hitched to the data center boom were key contributors to the market slump Tuesday, with Nvidia and the so-called hyperscalers — , , , and — among the biggest contributors to the downturn in th...
Dell falls after soft Q3 guidance, margin squeeze in AI server business
is down 6% premarket after issuing soft guidance for the third quarter. The tech hardware company’s second-quarter earnings and revenue figures released after the bell on Thursday, however, did manage...
Marvell sinks on Q2 data center miss, weak guidance
slumped more than 13% in premarket trading after posting lower-than-expected data center results and a weak forecast for the third quarter. Though Q2 revenues were up 58% year over year to a record $2...