Group 1 - FedEx is suing the U.S. government for a full refund on tariffs imposed by President Trump, claiming to have "suffered injury" from these illegal tariffs [1] - Other large U.S. corporations, including Costco and Revlon, are also seeking to recoup costs associated with the illegal tariffs [1] Group 2 - Meta Platforms Inc. will deploy 6 gigawatts of data center gear using processors from Advanced Micro Devices Inc., marking a significant deal for AMD [2] - The transactions with Meta are expected to be worth "double-digit billions" of dollars per gigawatt over a five-year period starting in the second half of 2026 [2] Group 3 - Data center development is at an "inflection point," with Texas expected to surpass Virginia as the largest data market globally [3] - Vacancy rates in data centers remain near a historic low of 1% for the second consecutive year, driven by demand from hyperscalers and AI, despite construction constraints [3]
Roundup: FedEx’s tariff lawsuit / Meta’s megadeal / Data centers