Three reasons the AI data center trade is so back
Major stocks linked to AI data centers are nearly all the way back to where they were when the S&P 500 peaked on February 19. For data centers, you need: Chips (, ), Supporting infrastructure (, , ), ...
Super Micro surges after reaching $20 billion partnership agreement with Saudi Arabian data center firm
not the only AI-driven company signing big deals in Saudi Arabia . Shares of are surging after DataVolt, a data center firm in the Kingdom, announced a $20 billion multiyear deal to get its hands on ...
Report: SoftBank $100 billion Stargate investment stalled by tariff chaos
At a splashy announcement of the “Stargate” AI mega data center project at the White House the day after Inauguration Day, CEO Masayoshi Son stood alongside OpenAI CEO Sam Altman and CTO and cofound...
Analysis: Big Tech is building thirsty AI data centers in highly “water stressed” areas
Big Tech is currently on a building spree, setting up massive power-hungry data centers all over the world to power the current AI frenzy. The huge amounts of energy required to run these data centers...
Musk’s “Colossus” AI data center is spewing methane from portable gas turbines: report
In September, Elon Musk announced that xAI had fired up its massive “Colossus” AI data center in South Memphis, Tennessee. Musk boasted that the whole project took only 122 days to complete. Powered b...
Microsoft halts Ohio data center project, surprising local officials
has halted a data center project in Heath, Ohio, catching local officials off guard, according to Bloomberg. This follows earlier reports of the company pausing or canceling other AI infrastructure pr...
How will tariffs impact Big Tech’s AI data center plans? Not that much, says Morgan Stanley
Big Tech companies say they are still going full speed ahead on plans to build out $315 billion worth of data centers to power the AI boom. (Well, maybe not .) But what effect will the on-again-off-ag...
Power demand from US data centers will double by 2030, per the IEA
According to a report from the International Energy Agency published last week , electricity demand from data centers is forecast to double by the end of the decade, as Big Tech goes even bigger on AI...
Goldman Sachs: Data center demand is peaking in 2025
2025 will be the year of peak data center demand, according to a new report from Goldman Sachs analysts. While occupancy rates are high, Goldman’s prior estimate of data center demand peaking in 2026 ...
More reports of Microsoft stepping back on data center plans
Amid an industry-wide frenzy to build massive data centers to power companies’ AI goals, appears to be taking a significant step back from its plans. Bloomberg is reporting that Microsoft is delaying...
Microsoft cancels 2 gigawatts’ worth of data centers, analysts say
has walked away from 2 gigawatts’ worth of new data center projects in the US and Europe, according to a new research note from TD Cowen analysts. Another report from the same analysts in February det...
Alibaba chairman warns of AI data center “bubble”
Chairman Joe Tsai mentioned the “B” word today at the HSBC Global Investment Summit in Hong Kong, where he said that the rush from tech companies to build out AI data centers might be outpacing demand...
Microsoft passes on $12 billion worth of CoreWeave data center capacity — but OpenAI snatches it up
In a possible sign of slackening demand for endless AI computing infrastructure, Semafor is reporting that passed on an option to buy $12 billion worth of CoreWeave’s AI data center capacity. Earlier...
HPE plunges after announcing cost-cutting plan and underwhelming outlook
’s stock tanked over 17% in after-hours trading on Thursday after reporting a mild revenue beat in its latest quarter and issuing weak guidance for the present quarter and full year. The data center e...
Core Scientific stock plummets after Microsoft reduces commitments with its data center partner
Microsoft has pulled back on commitments with cloud computing provider CoreWeave, which supplies Microsoft with computing capacity from data centers, according to the Financial Times . walked back it...
Report: Meta seeking $35 billion to pay for all those AI data centers
On the heels of news that may be planning a $200 billion data center campus , a new report from Bloomberg says the company is seeking to raise $35 billion to finance its data center construction boom...
Wall Street is scrambling to get up to date about the TD Cowen note on Microsoft
One way you can tell that Wall Street is rushing to get caught up on the TD Cowen note about being potentially oversupplied on data centers: they’re flooding to the bio page of Michael Elias, the lea...
TD Cowen warns that Microsoft might already have too many data centers
Microsoft’s boom in AI data center spending may have gotten out over its skis, according to a TD Cowen report published Friday that’s causing aftershocks across Wall Street and all the way over in Eur...
AMD drops as data center revenues disappoint
erased a short-lived jump in the after-hours session as a slightly light showing on data center revenue outweighed overall positive results. The chipmaker posted fourth-quarter revenues that came in a...
Amazon’s Mississippi data centers will cost $16 billion
Big Tech is racing to spend billions building AI data centers in some of the poorest communities in America. But that doesn’t mean they will be cheap. planned data centers in Madison County, Mississip...