Data Center Energy Demand Fueled Massive Gains For Utility Stocks In 2024
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity ...
Trump, Dubai billionaire outline $20B data center building spree that'll impact Texas
Texas — already magnet for data center builds— stands to benefit from a proposed $20 billion investment announced by ...
Generational Shift—Data Centers Bring Change to Energy Landscape
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable ...
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming ...
Trump announces Ohio as location for data center
President-elect Donald Trump addressed reporters Tuesday in his first remarks since the election was certified. in a gaggle ...
Data Center Operator Digital Realty Is Now a Buy, Says UBS
Digital Realty shares rose 32% last year as demand for artificial intelligence capacity soared but data center space remained ...
Microsoft budgeting a staggering $80B to build data centers this year
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI ...
Microsoft Pauses Construction On $3.3 Billion Data Center Expected To Be Used By ChatGPT-Parent OpenAI For Massive Super Computer
Microsoft has paused construction on the second phase of its $3.3 billion Mount Pleasant data center project to re-evaluate ...
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Trump Touts New $20B Data Center Investment In US
President-election Donald Trump said billionaire DAMAC Properties’ Hussain Sajwani was “inspired” to make the investment by ...
Fitzwater administration reworks data center bill, doing away with floating zone proposed by workgroup
The version of the critical digital infrastructure siting and design bill slated to be introduced to t County Council on Tuesday will not create a floating zone that was recommended by the county’s ...
Nvidia CEO Jensen Huang says company's racing to get next-gen Blackwell chips 'into every data center in the world'
As Nvidia races to bring more of its next-gen chips online, CEO Jensen Huang expects revenue from its new Blackwell chips to eclipse its previous Hopper platform early this year.