Tag
Data Centers
12 articles
EON's Space Laser Bid: 47 Percent Speed Gain, Real Orbital Risk
EON wants to route intercontinental data through orbital laser links instead of undersea fiber, promising lower latency but facing congestion and collision risk in increasingly crowded low Earth orbit.
Prysmian Buys Atkore for $3.8 Billion to Push Into U.S. Data Center Infrastructure
The all-cash deal at $95 per share gives the Italian cable maker a direct path into North American electrical conduit and cable management markets.
AI Data Centers Expose Grid Fragility: 3 Gigawatts Offline in Virginia
A power line failure in Northern Virginia caused a 10-minute grid recovery delay after more than 3 gigawatts of data center load disconnected simultaneously across the PJM network.
Nvidia's Data Center Dominance: JPMorgan Sets $250 Target as AI Demand Holds
Nvidia rose 2.3 percent to $212.06, outperforming a broadly lower market, as enterprise AI adoption and sovereign GPU procurement drive revenue visibility through 2028.
AMD Tops $200 Price Target as Wall Street Backs MI300X AI Chip Demand
Institutional volume exceeds 100 million shares daily as cloud providers deploy accelerators to challenge Nvidia's data center dominance
NextEra Energy's Data Center Power Play: JPMorgan Sees $110 Target
JPMorgan projects NextEra Energy will benefit from surging demand for power from new hyperscale data centers, citing a development pipeline and competitive positioning in key markets
Georgia Governor Race Becomes Battle Over Data Center Power Deals
Surging energy demands from new AI data centers strain Georgia's grid, pushing candidates to confront the industry's influence and rising costs to taxpayers
Riot Posts $167M Q1 Revenue as Bitcoin Hits $78K, Signaling Miner Resilience
Riot Blockchain's robust first quarter performance, driven by its data center arm, underscores the strategic diversification powering crypto infrastructure firms amidst a consolidating market and Bitcoin's ascent to $78,239.
Riot's Data Center Revenue Surge and AMD Deal Signal Miner Evolution, De-Risking Strategy
Riot Platforms' strategic pivot into high-performance computing, marked by increased data center revenue and a doubled AMD partnership, fundamentally redefines its business model.
Maine Governor Kills Data Center Ban, Powering Crypto Mining Expansion
Governor Janet Mills' veto of a bill to pause new data centers clears the path for energy-intensive operations, benefiting large-scale crypto miners and their energy suppliers.
Google's $185 Billion AI Investment Signals Structural Shift to Agentic Era, Intensifying Energy
Google's unprecedented capital expenditure commitment to artificial intelligence infrastructure underscores a profound, permanent shift in global technology and energy markets.
Microsoft Fuels Dow Rally as AMD Breaks Out: Data Center Demand Reshapes Tech Valuations
Today's market action saw Microsoft propel the Dow while Advanced Micro Devices surged on robust data center optimism, signaling a structural shift in investor focus toward critical AI infrastructure plays.