A Bloomberg investigation shows China is building data centers in the remote Xinjiang region to fuel its AI ambitions — and looking to buy 115,000 Nvidia chips banned by the US to power them. Listen to the Big Take Asia podcast. https://t.co/1ooho97P3m ...

A Bloomberg investigation shows China is building data centers in the remote Xinjiang region. @imandylin2 says they will be used to fuel the country's AI ambitionshttps://t.co/LzV0CV1Mjq https://t.co/s62a1WoJFP ...

Joining us now is an analyst who covers the company, Gil Lauria, head of technology research at DA Davidson. Gil, great to see you. You think that this is yet another um way that Cororeweave is financially engineering their results.Can you explain. Yeah, Corweave is already buying all of Core Scientific's capacity. All they're doing here really is ensuring that Core Scientific doesn't turn around and give uh its capacity to somebody else.and they're really giving away 10% of the company to accomplish this. ...

Frontier is helping Arbor build a “vegetarian rocket engine” to power data centers | TechCrunch https://t.co/6kUrZlPABU ...

Argan, Inc. (NYSE: AGX ) is well-positioned to benefit from the surge in energy demand driven by AI, data centers and electric vehicles, while a large share of US thermal power plants built in the post-World War II era (1950s-1970s) are rapidlyI am a finance professional with over ten years of experience in the markets, specializing in macroeconomic analysis, portfolio management, and equity research. I work as a portfolio manager at an Italian asset management firm, where I oversee multi-asset strategies a ...

Key Takeaways SMR shares are up 96.4% YTD, outperforming sector and industry averages on SMR tech momentum. Demand from AI-driven data centers and tech giants boosts NuScale Power's carbon-free energy appeal. Despite growth, SMR faces tough competition and trades at a significantly higher forward P/S valuation.NuScale Power (SMR) shares have surged 96.4% in the year-to-date period, outperforming the Zacks Computer & Technology sector’s return of 5.7% and the Zacks Electronics- Power Generation industry’s ...

Christian Klein, CEO of Europe’s most valuable company, said that Europe doesn’t require a flurry of more data centers to compete in artificial intelligence https://t.co/28trl77jYe ...

To truly innovate AI at scale, you need the full stack. Listen to Tareq Amin, CEO of HUMAIN, to see how together we’re building state-of-the-art AI factories and data centers with the power, connectivity, and chipsets to lower infrastructure costs and accelerate global innovation. #AdvancingAI *** Subscribe: https://bit.ly/Subscribe_to_AMD Join the AMD Red Team Discord Server: https://discord.gg/amd-red-team Like us on Facebook: https://bit.ly/AMD_on_Facebook Follow us on Twitter: https://bit.ly/AMD_On_Twit ...

Asia Power Equipment & China Utilities Global marketing feedback and investors' positioning We received divergent investor views on the Asia power equipment/China utilities space during our recent global marketing (US, EU). While investors are generally bullish on the sector amid continued strength in power equipment demand and receding trade concerns, some investors were surprised by the recent rally in Korean names (~30% in 1M on average, vs KOSPI +20%) and they think their valuations are no longer cheap. ...

Your electricity bill is going up and the reason is AI. AI tools like Chat GPT require massive data centers that need enormous amounts of power and the strain on the electric grid is causing prices to rise. PJM, a company that manages electricity for 13 states and the District of Columbia, says that electric costs have already gone up by $9.4% billion.And this rise is directly related to the increase in data centers. That cost gets passed to businesses and households like yours. AI data centers now use 4.4% ...