Applied Digital (NASDAQ:APLD) has been one of the standout performers in 2025, delivering gains of approximately 200% year-to-date. The company designs, builds, and operates next-generation data centers optimized for high-performance computing and AI workloads. Its strong performance positioned it as a key holding in Nvidia's (NASDAQ:NVDA) "secret†investment portfolio focused on AI ecosystem companies. While most holdings in that portfolio declined sharply — resulting in an overall 30% drop in value since t ...

Jim Cramer, the host of CNBC’s “Mad Money,” expressed his concern about the rapid pace of data center and utility station construction in a recent post.Cramer Flags Data Center BoomCramer took to X on Monday to compare the current pace to the frenzy surrounding hot IPOs, pointing out that major tech companies like Open AI, Meta Platforms (NASDAQ:META) , Google (NASDAQ:GOOG) (NASDAQ:GOOGL) , Microsoft (NASDAQ:MSFT) , and Amazon (NASDAQ:AMZN) are all vying for a significant share of the market.He wrote, “We j ...

Data centers could spell doom for the AI investment story, warns Jim Chanos. - Getty Images Investors continue to push doubts to the surface over AI bets paying off into year-end. Among those with strong views on that theme is prominent investment manager Jim Chanos, best known for past short selling bets on Enron and Tesla. In a podcast interview with Monetary Matters with Jack Farley, Chanos discussed why he thinks dot-com bust 2.0 could be coming as he explained one bearish bet he’s doubling down on. ...

Core Viewpoint - Ford is shifting its focus from electric vehicles (EVs) to energy storage solutions, resulting in a $19.5 billion cost due to the cancellation of planned electric models and a pivot towards hybrid vehicles [1][12]. Group 1: Strategic Shift - Ford will repurpose its EV battery factory in Kentucky to produce batteries for data centers and energy infrastructure [1][8]. - The company plans to invest $2 billion to scale its new energy storage business, aiming to deploy at least 20 gigawatt-hours of energy storage systems by the end of 2027, which can power approximately 2,000 US homes for a year [2][8]. Group 2: Market Dynamics - Demand for EVs has significantly decreased, dropping from 12% to 5% of the US automotive market, prompting Ford to adjust its strategy [12]. - The data center power demand is projected to triple over the next three years, driven by substantial investments from tech giants in AI infrastructure [6]. Group 3: Competitive Landscape - Ford's new direction mirrors that of Tesla, which has successfully established a profitable energy storage business, generating over $10 billion last year from battery sales [9]. - Tesla's Megapack batteries are being utilized in major data centers, showcasing the potential for energy storage solutions in supporting AI infrastructure [10].

Core Insights - Token Cat Limited has entered into a master service agreement with Better Now New York Inc. to collaborate on an artificial intelligence data center project in the United States, marking a significant step in the company's overseas expansion efforts [1][4]. Project Details - The AI data center project will be based on approximately 30 megawatts (MW) of power capacity, implemented in phases. Currently, Token Cat has access to about 12 MW of available power capacity in the U.S. for initial deployment [2][3]. - Token Cat will be involved in project planning, funding arrangements, and will support data center construction and operations, while Better Now will utilize its local resources for project execution [3][5]. Strategic Importance - The collaboration is expected to enhance Token Cat's overseas infrastructure and meet the growing demand for stable computing infrastructure driven by artificial intelligence applications [4][5]. - The CEO of Token Cat emphasized the importance of this collaboration for advancing the company's infrastructure initiatives and exploring long-term growth opportunities in a disciplined manner [5].

Company Holds 498.4633 Bitcoin and has Allocated $31.5 Million of Cash for Future Purchases of Bitcoin LAS VEGAS, Dec. 16, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, including current holdings and cash allocated to committed purchases of Bitcoin, totaled approximately $75.5 million, based on the price of Bitcoin as of December 14, ...

French oil and gas supermajor TotalEnergies is expanding its cooperation with Google and its footprint in long-term power purchase agreements after signing a 21-year PPA to provide renewable energy to the hyperscaler’s data centers in Malaysia. On Tuesday, TotalEnergies announced the new deal with Google, which will see the energy giant supply Google with a total volume of 1 TWh, equivalent to 20 MW, of certified renewable power from the Citra Energies solar plant in the northern Kedah province. The sol ...

Group 1 - TotalEnergies has signed a 21-year power purchase agreement (PPA) with Google to deliver 1 terawatt-hour of certified renewable electricity from the Citra Energies solar project in northern Malaysia, equivalent to around 20 megawatts of capacity [1] - The solar plant in Kedah province is set to begin construction in early 2026, with the PPA expected to take effect at financial close in the first quarter of 2026 [2] - The project was awarded under Malaysia's Corporate Green Power Programme (CGPP), with TotalEnergies holding a 49% stake and local partner MK Land owning the remaining 51% [2][6] Group 2 - The agreement highlights the growing trend of hyperscale data center growth and long-term renewable power procurement in emerging markets, as companies like Google seek direct, long-duration PPAs for clean electricity [3] - TotalEnergies is strengthening its position as a global provider of tailored power solutions for large industrial and digital clients, extending its partnership with Google, which includes renewable supply contracts in the United States [4] Group 3 - Malaysia is becoming a key regional hub for data centers due to strong digital demand, competitive operating costs, and supportive government policies, while rising electricity demand from digital infrastructure pressures utilities to expand clean generation capacity [5] - The CGPP allows corporate buyers to contract renewable electricity directly from new projects, aligning with the TotalEnergies–Google agreement by adding new solar capacity [6] Group 4 - TotalEnergies has been expanding its global PPA portfolio with major corporate buyers, reflecting a broader trend toward long-term contracted revenues in the power sector [7] - As of late 2025, TotalEnergies had over 32 gigawatts of installed renewable generation capacity worldwide, targeting 35 gigawatts by year-end and aiming to exceed 100 terawatt-hours of net electricity production by 2030 [8]

Legendary short-seller Jim Chanos is sounding the alarm on the AI infrastructure boom, warning that a critical accounting oversight regarding Nvidia Corp. (NASDAQ:NVDA) chips creates a “massive financial risk” for the sector's aggressive spenders.Depreciation TrapIn a recent podcast interview, Chanos argued that data center operators, specifically Oracle Corp. (NYSE:ORCL) and “neocloud” provider CoreWeave Inc. (NASDAQ:CRWV) , are overstating their future profitability by relying on unrealistic depreciation ...

December 15, 2025 09:10 PM GMT Commodity Matters | Europe Data Centres and Copper Demand: Updating Estimates We estimate data centres will consume 500 kt (1.5%) of copper in 2025, rising to ~740 kt in 2026, adding 0.6 p.p. to copper demand growth. This should help tighten the copper balance, even as other sectors like renewables show signs of slowing, against a backdrop of constrained supply. Key Takeaways Data centre estimates continue to rise: Stephen Byrd and team have published their latest Powering Gen ...