Telkom Indonesia is reviving a plan to sell a stake in its data center business to tap rising interest in digital infrastructure assets, sources say https://t.co/3Rw0K1VD37 ...

Core Insights - The AI industry is experiencing a surge in applications and investments, with major companies like Alibaba, Tencent, and ByteDance participating in a "red envelope war" to promote AI usage during the Spring Festival [1] - The demand for AI computing power is increasing rapidly, leading to a significant rise in token consumption and hardware prices, particularly in the context of cloud services [2][3] Token Consumption and Market Dynamics - The transition from traditional search to chatbots is accelerating, resulting in a massive increase in token usage, with ByteDance's Doubao model expected to reach a daily token usage of over 50 trillion by December 2025, a tenfold increase year-on-year [4] - Major cloud service providers are raising prices due to increased demand for AI computing power, with Amazon and Google announcing price hikes for their services [5] - The rapid growth in AI model training and inference is driving a resurgence in the storage industry, with high-bandwidth memory (HBM) becoming a key growth driver for leading manufacturers [6] Supply and Demand in Computing Power - The market for computing power rental is experiencing a supply-demand imbalance, with many AI companies shifting from building their own infrastructure to renting due to rising hardware costs [7] - Industry leaders are investing heavily in computing power rental services, exemplified by NVIDIA's $2 billion investment in CoreWeave to enhance AI computing capabilities [8] Edge Computing and Future Trends - The edge computing market is expected to grow significantly, with a projected market size of 1.6123 trillion yuan by 2030, reflecting a compound annual growth rate of 27.3% [10] - Companies are focusing on building a complete ecosystem around edge computing, moving beyond traditional rental models to offer more integrated solutions [9] Liquid Cooling Technology - The demand for liquid cooling solutions is increasing as data center energy consumption rises, with liquid cooling systems expected to dominate the market, potentially reaching a 60-70% share by 2026 [12] - The first commercial immersion liquid cooling project using silicon-based cooling fluids has been successfully launched, demonstrating the reliability and economic viability of this technology [13]

Core Viewpoint - CleanSpark Inc. (NASDAQ: CLSK) is identified as a high-risk, high-reward growth stock, with a recent target price adjustment reflecting market conditions and company performance [1]. Financial Performance - CleanSpark reported Q1-FY2026 revenues of $162.3 million, marking an 11.6% year-over-year increase [2]. - The company mined 1,821 units of Bitcoin and sold 1,732 units, generating total proceeds of $168.4 million at an average price of $97,205 per Bitcoin [2]. Income Statement - Despite revenue growth, CleanSpark experienced a net loss of $378.7 million for the quarter, compared to a loss of $246.8 million in Q1-FY2025, primarily due to mark-to-market losses on Bitcoin holdings [3]. - As of December 31, 2025, CleanSpark held 13,099 units of Bitcoin valued at $1.15 billion, with Bitcoin prices having fallen 23.3% from $114,056 to $87,509 between September 30 and December 31, 2025 [3]. Market Sentiment - Clear Street reduced its target price for CleanSpark by 18.5% to $22, down from $27, while maintaining a Buy recommendation, indicating a positive fundamental outlook despite recent Bitcoin price declines [1][3].

Core Insights - The Chinese AI industry has reached a critical turning point, shifting from a technological arms race to tangible commercialization and demand explosion, driven by advancements in large models from companies like ByteDance and Zhipu AI [1] - The end of the prolonged price war in cloud computing is indicated by rising prices for API services and public cloud offerings, signaling a return of pricing power to sellers [1][5] Group 1: AI Model Developments - ByteDance's Seedance 2.0 showcases advanced multimodal capabilities, particularly in next-generation video generation technology [2] - Zhipu AI's flagship model GLM-5 has significantly enhanced programming and reasoning performance, contributing to a substantial increase in computational demand [2] - The computational requirements for generating video content are dramatically higher than for text, indicating a potential market shift towards increased demand for computational infrastructure [2] Group 2: Pricing Dynamics - Zhipu AI has raised its GLM code pricing by at least 30% for new users due to strong demand, while UCloud has announced price increases for all products and services [5] - The rising prices are attributed to increased hardware costs and a reversal in supply-demand dynamics driven by surging AI workloads [5] - The price increases from cloud service providers are expected to stabilize IDC rental prices, marking the establishment of a market bottom and the beginning of a profit recovery cycle [5] Group 3: Infrastructure Companies - Century Internet is positioned to benefit directly from ByteDance's AI expenditures, with a target price increase from $15.1 to $17.9, reflecting a faster revenue growth outlook [6] - For GDS Holdings, the target price has been raised from $50.0 to $56.7, with a valuation method that reflects a 14x EV/EBITDA for its China business and a higher multiple for its international operations [7] - Kingsoft Cloud is expected to benefit from Xiaomi's ecosystem strategy, with a maintained target price of $17.0, indicating a favorable position in the recovering cloud service market [8]

Core Viewpoint - Iron Mountain forecasts fiscal 2026 revenue exceeding Wall Street estimates due to increased enterprise spending on data center land leases for artificial intelligence workloads [1] Group 1: Revenue Forecast - The company anticipates annual revenue between $7.63 billion and $7.78 billion, surpassing the estimated $7.60 billion [1] - Expected annual adjusted funds from operations are projected to be between $5.69 and $5.79 per share, compared to the estimate of $5.73 per share [1] - First-quarter revenue is expected to be around $1.86 billion, exceeding the estimate of $1.80 billion [1] Group 2: Market Context - The surge in generative artificial intelligence is driving companies to invest heavily in large data centers to support complex model training and operations [1] - Iron Mountain has transitioned from a physical record management company to a provider of digital information management for numerous businesses [1] - The fourth-quarter revenue reported was $1.84 billion, which also beat the estimates of $1.80 billion [1]

Core Insights - The AI infrastructure boom is driving significant demand for data centers, which require substantial power and speed to operate effectively [1][2] Group 1: Fluence Energy - Fluence Energy specializes in industrial-scale battery modules that provide stable energy for AI servers, particularly when paired with renewable energy sources [3][4] - The company was established in 2018 as a joint venture between Siemens and AES, and while revenues have been flat, analysts predict a 57% increase in annual sales over the next two years, driven by data center demand [4][5] - Fluence has 36 GWh of data center projects in development, with a total installed capacity of 46 GWh as of last September, indicating a significant growth opportunity [5][6] Group 2: Credo Technology Group - Credo Technology offers high-speed networking tools that help data center operators reduce power consumption and cooling needs while maintaining performance [7][8] - The company's Active Electrical Cables (AECs) can achieve data flows of up to 0.8 terabits per second, making them competitive with fiber-optic networks but with lower power requirements [8][9] - Credo's revenues are heavily reliant on a few major clients, with one unnamed client accounting for 67% of total revenues in fiscal year 2025, but the company reported a significant revenue increase to approximately $406 million in Q3 2026, tripling from the previous year [12][13]

Core Viewpoint - Iren is considered undervalued, with potential for significant long-term gains despite recent volatility in stock price [1][2] Financial Performance - Iren's stock price fluctuated significantly, closing at just under $40 and dropping below $30 in after-hours trading, but rebounded to end the day up by 5% [1] - The current market cap of Iren is approximately $14 billion, with a gross margin of 28.21% [4] Business Developments - Iren did not announce a new customer deal, which disappointed investors, but the CEO indicated ongoing negotiations for multiple contracts, including a multibillion-dollar deal [3][5] - The company has secured a new 1.6 gigawatt data center campus in Oklahoma, increasing its total secured, grid-connected power to 4.5 gigawatts [7] Market Position and Potential - Iren's capacity to support large deals is bolstered by its 1.4 gigawatt Sweetwater 1 facility, expected to be energized in April [6] - The company has the potential to generate over $40 billion in annual recurring revenue if it can replicate its previous success with Microsoft across its 4.5 gigawatts of secured power [8] - Iren's projected annual recurring revenue is expected to reach $3.4 billion by the end of 2026, indicating significant growth potential relative to its current market cap [9]

Blue Owl Capital-owned data center company Stack Infrastructure is seeking a loan of around $2.1 billion, according to sources, as it accelerates development in Australia to meet surging demand for AI and cloud services https://t.co/Kpo5fudbag ...

GIC is considering a sale of its 80% stake in a European data center joint venture, a potential deal that could value the business at about €2 billion ($2.4 billion) including debt https://t.co/Hq6pDAkV8D ...

Core Insights - BorgWarner has entered the data center market by signing a Master Supply Agreement with TurboCell to provide a modular turbine generator system aimed at meeting the rising demand for power in AI-driven data centers and microgrid applications [1] Group 1: Product and Technology - The turbine generator system is designed to be a transformative power generation solution, expected to support AI campuses at gigawatt scale [1] - The product will offer adaptability for various applications, including backup and prime power, and is expected to meet future CARB emission standards while allowing for flexible fuel types such as natural gas, propane, diesel, and hydrogen [1] - BorgWarner plans to control approximately 65% of the turbine generator system content, leveraging its automotive supply base and manufacturing capabilities for vertical integration [1] Group 2: Strategic Partnerships and Market Position - The collaboration with TurboCell is seen as a significant opportunity for growth, with expectations that the turbine generator system will address power quality and energy needs across hyperscalers and colocators [1] - The partnership aims to combine Endeavour's innovation with BorgWarner's engineering and manufacturing expertise to meet the dynamic power demands of AI infrastructure [1] Group 3: Production and Future Outlook - Production of the turbine generator system is expected to begin in Hendersonville, North Carolina, in 2027, with an initial capacity of 2 GW [1] - The technology is positioned to unlock long-term value from data center power infrastructure by providing immediate prime and backup power solutions [1]