Data Center

The data center operated by Elon Musk‘s xAI in Memphis is facing potential legal action for running a fleet of natural gas turbines without the necessary permits. What Happened: The Southern Environmental Law Center (SELC) sent a letter to xAI, threatening legal...

Applied Optoelectronics, Inc. (NASDAQ:AAOI) shares climbed in Wednesday's extended trading after the company announced its first volume shipment of high-speed data center transceivers to a major hyperscale data center customer. What To Know: Applied Optoelectronics did not name the customer, but...

A boom in artificial intelligence infrastructure is raising environmental concerns in Texas, according to a new report from the Environmental Integrity Project (EIP). With more than 100 new gas-fired power proposals under review, the state faces a notable uptick in air pollution, even as clean...

The owner and operator of Bitcoin (CRYPTO: BTC) mining data centers, IREN Ltd. (NASDAQ:IREN), is on experts’ radar as they find value in the company, expecting the stock to soar over $100 apiece in the next 18 months. What Happened: According to Eric Jackson, the founder and president of EMJ...

Amazon.com, Inc. (NASDAQ:AMZN) is set to invest $20 billion into building two new data centers in Pennsylvania. Governor Josh Shapiro was joined by company officials on Monday to announce the facilities. What Happened: The data centers will be established in two different locations: one in Salem...

The burgeoning demand for artificial intelligence applications is sending a jolt through the energy sector, particularly benefiting independent power producers (IPPs) like Constellation Energy Corp. (NASDAQ:CEG), Vistra Corp. (NYSE:VST), and NRG Energy Inc. (NYSE:NRG). What Happened: A recent...

Microsoft Corporation (NASDAQ:MSFT) has announced a $400 million investment in Switzerland to bolster its cloud computing and artificial intelligence (AI) infrastructure. What Happened:  The U.S. tech giant revealed its investment plans on Monday at a meeting between the Swiss...

Marvell Technology Inc.‘s (NASDAQ:MRVL) data center revenue tripled over the last two years, hitting a record in the first quarter of the current fiscal year. The company’s management expects the momentum to continue going ahead. What Happened: During the first quarter, the company...

OpenAI‘s Texas-based data center has reportedly secured an additional $11.6 billion in funding. What Happened: The funding, a combination of debt and equity, would be used to expand the data center from two to eight buildings. According to Crusoe, this will bring the project’s...

Editor’s Note: This story has been updated to include additional input from Qualcomm. Qualcomm Inc. (NASDAQ:QCOM) revealed its intentions to manufacture custom data center CPUs, potentially facilitating communication with Nvidia's (NASDAQ:NVDA) graphics processors (GPUs), a vital part of its...

Advanced Micro Devices, Inc. (NASDAQ:AMD) reported better-than-expected quarterly results on Tuesday in what CEO Lisa Su called "an outstanding start to 2025." Analysts are weighing in on the report.  Key Takeaways: Benchmark analyst Cody Acree emphasized AMD's market share gains as one of the...

The ongoing dispute in Louisiana over who should bear the cost of new power plants required for Meta Platforms Inc. (NASDAQ:META) $10 billion data center is heating up. What Happened: The Louisiana Public Service Commission received new testimony on April 11 from consumer advocates and...

Despite growing skepticism on Wall Street, CNBC’s Jim Cramer remains optimistic about the future of artificial intelligence infrastructure and data center stocks. What Happened: Cramer acknowledged the turbulence in AI stocks, especially following revelations from DeepSeek, a Chinese startup...

Despite recession fears and market speculation, tech giants Amazon (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) insist that the demand for artificial intelligence data centers remains robust. What Happened: Executives from Amazon and Nvidia dismissed concerns about a potential slowdown in the...

Amazon.com, Inc. (NASDAQ:AMZN) has paused some of its data center leasing talks, following a similar move by Microsoft Corporation (NASDAQ:MSFT). What Happened: Amazon has temporarily halted certain data center lease negotiations for its cloud division, especially in international markets, said...