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How Broadcom’s OpenAI deal fits into data center boom; what it means for AI trade

Kicking off the week with a bang, OpenAI announced another massive data center buildout partnership. This time with Club name and custom semiconductor industry leader Broadcom....

News7 months ago

Bloom Energy shares soar 25% after striking deal with Brookfield to provide fuel cells to AI data centers

Bloom Energy power storage equipment in San Ramon, California. Smith Collection | Gado | Archive Photos | Getty Images Shares of Bloom Energy surged Monday after...

Applied Digital stock climbs 16% as AI demand fuels data center growth

News7 months ago

Applied Digital stock climbs 16% as AI demand fuels data center growth

Applied Digital shares jumped 16% on Friday after the company posted strong first-quarter revenue that was boosted by artificial intelligence data center demand, putting the stock...

CPI inflation report will be released by Labor Department, while other data is delayed by shutdown

News7 months ago

CPI inflation report will be released by Labor Department, while other data is delayed by shutdown

A large US flag is seen on the facade of the Department of Labor headquarters building in Washington DC, United States on September 8, 2025. Celal...

Billionaire PC tycoon Michael Dell is riding the AI gold rush—and he says the party’s far from over even if eventually ‘there'll be too many’ data centers

Business7 months ago

Billionaire PC tycoon Michael Dell is riding the AI gold rush—and he says the party’s far from over even if eventually ‘there’ll be too many’ data centers

Michael Dell, who revolutionized the personal-computer industry with Dell Technologies in the late ‘90s and is now the 10th richest person in the world, offered his...

'At some point there'll be too many' AI data centers

News7 months ago

‘At some point there’ll be too many’ AI data centers

Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out....

All-cash offers are still a third of all home purchases, dominated by 'investors and second-home buyers,' data shows

Business7 months ago

All-cash offers are still a third of all home purchases, dominated by ‘investors and second-home buyers,’ data shows

All-cash offers have cemented their place as a formidable force in the U.S. housing market, accounting for nearly one in three home purchases in the first...

Business7 months ago

Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says

U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist...

Data center boom brings risks of overbuilding, Ares says

Business7 months ago

Data center boom brings risks of overbuilding, Ares says

The flood of capital pouring into AI infrastructure is raising the risks of overcapacity as the world’s biggest investors look to cash in on the artificial...

AppLovin stock tanks report SEC investigating company data collection

News7 months ago

AppLovin stock tanks report SEC investigating company data collection

The AppLovin logo arranged on a smartphone in New York, US, on Wednesday, Feb. 26, 2025. Gabby Jones | Bloomberg | Getty Images AppLovin shares plummeted...