Data Center

In a significant step towards its clean energy goals, Alphabet‘s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has secured the first corporate power purchase agreements (PPAs) for geothermal energy in Taiwan. What Happened: Google announced on Wednesday that the company has signed the first corporate...

Microsoft Corporation (NASDAQ:MSFT) has decided to suspend its billion-dollar data center project in Licking County, Ohio. ​This decision marks the most recent in a line of data center project cancellations by the software behemoth. What Happened: Microsoft has backed out of its earlier...

Oracle Corp (NYSE:ORCL) just pulled back the curtain on its cloud ambitions at OCI Day, giving investors a close-up look at its AI-powered data center expansion. While AI demand continues to surge, JPMorgan analyst Mark R. Murphy remains cautious, maintaining a Neutral stance on Oracle stock with a...

Jim Cramer issued a warning on X about potentially reducing U.S. computational capabilities for artificial intelligence. Responding to comments by Alibaba Group Holding Ltd. (NASDAQ:BABA) Chairman Joe Tsai about a potential data center bubble, Cramer emphasized the critical importance of...

Alibaba Group Holding (NYSE:BABA) Chairman Joe Tsai has expressed apprehension about a potential bubble in the AI data center construction sector. What Happened: At the HSBC Global Investment Summit in Hong Kong, Tsai cautioned that the rapid expansion of data centers could surpass...

As the need for power in AI data centers escalates, Microsoft Corporation (NASDAQ:MSFT) is considering the possibility of utilizing natural gas. What Happened: Microsoft’s Vice President of Energy, Bobby Hollis, told CNBC that the tech giant is considering the use of natural gas...

Semiconductor contract manufacturer and design company Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) reported a 39.2% jump in its two-month revenue for January and February in 2025 as compared to the same period last year. What Happened: TSM reported on Monday that its February 2025 revenue rose 43...

Marvell Technology Inc. (NASDAQ:MRVL) smashed its artificial intelligence data center revenue target in fiscal 2025. The chipmaker also reiterated plans to exceed fiscal 2026’s target but issued a soft earnings and revenue guidance which was roughly in-line with analyst estimates. What...

Apollo Global Management is negotiating to lead a $35 billion financing deal to support Meta Platforms Inc (NASDAQ:META) in developing new data centers across the U.S., according to a Bloomberg report. What To Know: The talks are still in early stages and no final agreement has been made. Meta's...

Nvidia Corp. (NASDAQ:NVDA) has reported exceptional fourth-quarter earnings and the semiconductor giant led by Jensen Huang has more than doubled its data center revenue for the full year, posting record quarterly growth compared to its peers. What Happened: The chipmaker’s data center...

NVIDIA Corporation (NASDAQ:NVDA) reported fourth-quarter financial results after market close Wednesday. Here are the key highlights. Nvidia's Key Q4 Numbers: Nvidia reported fourth-quarter revenue of $39.3 billion, up 12% quarter-over-quarter and up 78% year-over-year. The revenue total beat a...

Microsoft Corp. (NASDAQ:MSFT) has reportedly begun to cancel leases for a significant portion of its AI data center capacity in the United States, as per a recent report by TD Cowen. What Happened: TD Cowen disclosed on Friday that Microsoft has nullified leases equivalent to “a couple...

Advanced Micro Devices, Inc. (NASDAQ:AMD) saw its shares drop nearly 8% in Wednesday’s pre-market trading following a less-than-stellar growth forecast for its data center revenue. The company announced its results after the market close on Feb.4. What Happened: The company’s data...

Intel Corp. (NASDAQ:INTC) is taking a more combative stance in the data center market, signaling an aggressive pricing strategy to defend its territory against mounting competition from rivals like Advanced Micro Devices Inc. (NASDAQ:AMD) and NVIDIA Corp. (NASDAQ:NVDA). What Happened: “We...

Cipher Mining Inc (NASDAQ:CIFR) shares are surging in Thursday’s after-hours session after the company announced a $50 million PIPE investment from SoftBank. What Happened: Bitcoin (CRYPTO: BTC) miner Cipher Mining has received a $50 million investment from SoftBank to support the company...