Data Center Development - Vantage Data Centers plans to invest £10 billion in a data center campus in South Wales [1] - The data center campus will be located near a Microsoft site [1] UK Market - The UK is planning to open a new data center campus [1]

We're excited to announce that we're doing a a 5 hundred megawatt. I mean, yes, 500 megawatt Five hundred megawatt. Yeah, we're doing Sorry this.Yeah. Yeah, yeah. And there's five hundred gigawatt would have to wait so that'll be eight bazillion trillion dollars.So yeah, we're doing a xAI and the Kingdom of Saudi Arabia are doing a main 500 megawatts starting with 50 megawatts phase one and we're doing it with Nvidia. Yeah. Congratulations to the human team to target team.Such a fantastic job. ...

Yeah, you're absolutely correct. You know, solid numbers, but that was to be expected. Single digit beats.I mean, no one's running out and buying stocks when you're just beating by single digits. I think what's the most important thing was the messaging around 20, 26 year. And the company came out and gave a very strong demand signal on 2026, talked about essentially being sold out on GPUs, supply constrained.And also within that 500 trillion you mentioned, you can back out this year and it implies around 3 ...

HOW DO YOU MAKE A RESPONSE TO THAT. HOW DO YOU REACT TO THAT. >> THANK YOU FOR HAVING ME ON YOUR SHOW.FROM OUR PERSPECTIVE, AS INFRASTRUCTURE INVESTORS, WE HAVE A PIECE APPROACH TO INVESTING IN INFRASTRUCTURE ASSETS AND A LONGER TERM TIME HORIZON, AND WE DO BELIEVE THAT A. I. INFRASTRUCTURE IS A SIGNIFICANT INVESTMENT OPPORTUNITY FOR US.NOW, HERE AT CARLYLE WE AREN’T DEVELOPING THESE ASSETS IN ISOLATION. WE HAVE TUNE A MUCH MORE COMPREHENSIVE VIEW, WHERE WE ARE LOOKING ACROSS THE VALUE CHAIN FOR A. I.INFRAS ...

Market Catalysts Host Julie Hyman sits down with leading experts on Wednesday, Nov. 19, to discuss the trending headlines on Wall Street. Bitwise's head of research, Ryan Rasmussen, talks about bitcoin's recent sell-off as Goldman Sachs senior equity analyst Jim Schneider shares his expectations for Nvidia earnings. After Target released earnings, Neuberger Berman senior research analyst John San Marco discusses the retailer's strategy compared to others, like TJ Maxx parent company TJX and Walmart. To watc ...

Woah! Big announcement from Elon MuskElon says @xai will be building a 500MW datacenter with Saudi Arabia in partnership with Nvidia.This is massive https://t.co/hRObzm2jzK ...

Core Insights - Advanced Micro Devices (AMD), Cisco Systems, and Saudi Arabian startup Humain are forming a joint venture to establish data centers in the Middle East, with their first customer being generative video startup Luma AI [1][2] Group 1: Joint Venture Details - The joint venture will initiate with a 100-megawatt data center project in Saudi Arabia, with Luma AI contracted to purchase the entire capacity [2] - The collaboration is a result of deals made during U.S. President Donald Trump's visit to Riyadh in May, with further collaboration expected following meetings between Saudi Crown Prince Mohammed bin Salman and Trump [3] - AMD and Cisco will be minority shareholders in the joint venture, with Humain taking the lead in operations [4] Group 2: Market and Future Plans - The joint venture aims to serve a market encompassing Asia, Europe, India, the Middle East, and Africa, totaling approximately 4.5 billion people [5] - Plans include constructing up to one gigawatt of new data centers by 2030 to support the joint venture [5] Group 3: Infrastructure and Construction - For the initial 100-megawatt buildout, Cisco will supply networking equipment, while AMD will provide MI450 AI chips, with construction planned to begin in 2026 using renewable energy [6] - Cisco will leverage its salesforce to assist in selling capacity in the new data centers, drawing on its 25-year history of creating incentives for sales teams [7]

Financial Data and Key Metrics Changes - Q3 2025 marked the strongest quarter in the company's history, with revenue exceeding expectations and operating profit turning positive, resulting in a breakeven bottom line [2][12] - The company reported a cash position of over $121 million, with $109 million in unrestricted cash and $15.1 million in debt, leading to a net cash position of $106 million [3][4] - Revenue guidance for 2025 is set between $100 million and $110 million, with EBITDA margins expected to be over 20% and net income margins between 15% and 20% [4][5] - For Q3, actual revenue was $26.5 million, surpassing the analyst consensus of $26.2 million, with adjusted EBITDA of $6.8 million and adjusted net income of $6 million [12][13] Business Line Data and Key Metrics Changes - The company is advancing its AI infrastructure programs across Southeast Asia, Latin America, and the Middle East, securing multi-billion dollar projects [2][6] - The gross margins for the first nine months were slightly over 35%, with expectations to reach the 35%-40% range for the full year [4][5] - The company has a strong pipeline, with a significant portion of future revenue expected from the Southeast Asia data center project, which alone is projected to contribute $100 million annually for the first three years [6][15] Market Data and Key Metrics Changes - The company anticipates that over 50% of its revenue will come from Southeast Asia in the next year, with a good mix between government and enterprise clients [7][9] - The company is experiencing improving credit quality from its end customers, indicating a diversified revenue base and an improving business mix [9] Company Strategy and Development Direction - The company aims to diversify its business and reduce reliance on government contracts, focusing on a mix of government and enterprise clients [7][9] - The management emphasizes the importance of operational discipline and the ability to deliver profitability while scaling operations [14][17] - The company is actively pursuing growth opportunities in India and the U.S., targeting significant market expansions in AI infrastructure [91][93] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet guidance for 2025 and highlighted a strong outlook for 2026, driven by a large signed contract with FRAIR worth $1.4 billion [6][11] - The management acknowledged potential risks related to supply chain constraints and customer deployment timing but emphasized that the upside potential outweighs these risks [38][39] - The company is focused on building a sustainable and predictable revenue model, moving from project-based schedules to long-term contracts [82] Other Important Information - The company has a pipeline exceeding $7 billion, with many projects in late stages of negotiation, indicating strong future growth potential [15][54] - The management highlighted the importance of partnerships with major tech companies like Intel, EdgeCore, and NVIDIA to enhance their service offerings and operational capabilities [17] Q&A Session Summary Question: Guidance for 2026 and factors affecting it - The company provided a revenue guidance range of $137 million to $200 million for 2026, based on contracted backlog and the first phase of the Southeast Asia data center project [22][23] Question: EBITDA margins for 2026 - The company anticipates EBITDA margins in the range of 15% to 25% for 2026 [26] Question: Deliverables on the large contract in 2026 - The first $100 million from the data center project will be realized in planned waves, with revenue ramping up as infrastructure is commissioned [27][29] Question: Risks and upside potential in guidance - Management acknowledged risks related to deployment timing and supply chain constraints but emphasized that there is more upside potential than downside risk [36][39] Question: Backlog and pipeline size - The company defined its backlog strictly at $85 million for 2026, with additional potential in the pipeline that could convert into backlog in the near future [48] Question: Competitive advantages - The company highlighted its operational discipline, speed of execution, and ability to deliver outcomes as key factors in winning contracts over competitors [56][59] Question: Future growth and cash utilization - The company plans to invest in growth, including potential acquisitions, to support its expansion into high-growth markets like India and the U.S. [66][70]

Core Insights - Gates Industrial Corporation PLC (NYSE:GTES) is recognized as a promising investment opportunity, with Wells Fargo initiating coverage with a Hold rating and a price target of $23.00, while JPMorgan highlights its potential to benefit from the increasing demand for AI and data center infrastructure [1][2]. Group 1: Product Development - Gates Industrial launched the Data Master Eco, a halogen-free liquid cooling solution aimed at enhancing its data center portfolio, specifically for hyperscale data centers and high-performance computing environments [2]. - The Data Master Eco solution can reduce manufacturing energy use by 75% by eliminating the need for natural gas, water, and steam in the curing process, thereby also reducing embodied emissions and simplifying recycling [2][3]. Group 2: Strategic Positioning - The next-generation liquid cooling solution strengthens Gates Industrial's capability to provide direct-to-chip cooling hardware within its data center solution ecosystem, addressing modern computing challenges [3]. - The CEO of Gates Industrial emphasized the company's strategy to lead in high-value, high-growth markets, particularly as AI-enabled data centers scale and the demand for advanced thermal-management solutions increases [4]. Group 3: Company Overview - Gates Industrial Corporation manufactures and sells engineered power transmission and fluid power solutions across various industrial and consumer markets, including products like belts and hoses that are critical in applications ranging from automotive to heavy machinery [4].

you have the this AI accelerator family or MPU. How is it different from an Nvidia or AMD GPU, a Broadcom Marvel XPU or this large body of startups that are basically chasing rack scale solutions for AI. >> Yes.So, I I'll start answering the question by saying the following. Uh there's a lot of people that that will love Qualcon. There are people that are not going to like Qualcomm.But one thing everybody's probably going to say, don't bet against Qualcomm being a technology competent company. I think look, ...