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DATA CENTER DEMAND
India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis CapitalThe report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of p...- Apple set to lose nearly $500 billion in value after weak forecastApple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impa...
- NXP in talks to buy chip developer Ambarella: ReportShares of Ambarella, with a market capitalization of $3.25 billion, jumped nearly 17%, while NXP fell over 3% following the report.
- MediaTek plans $5 billion financing for AI data-center chipsMediaTek approved five billion dollars for long-term growth and AI chip expansion. The company aims to reduce smartphone reliance and suppl...
- Microsoft sets record with near $450 billion single-day gain in market valueThe software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion, surpassing chip giant Nvidia's ...
- Apple revenue, profits beat expectations on iPhone, Mac salesApple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% ri...
- Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
- France's Schneider Electric raises 2026 guidance on data-centre demandSchneider, once known primarily for industrial components like fuses and circuit breakers, now builds the backbone of data centres, suppl...
- US House Democrat asks Musk to answer for polluting xAI data centersA US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks information on turbines, emissions, and...
- NextEra, Brookfield plan $100 billion Kentucky data center campusNextEra, the largest US utility, would deliver 2 gigawatts of natural gas-fired power and 2.6 GW of battery storage capacity to support the...
- In 1999, a farmer donated land for a children's park, now it's home to a $1 billion data center sparking a bitter community fightTaylor data center controversy: A ten-dollar land deal for a future park in Taylor, Texas, now faces a billion-dollar data center proposal....
- Brookfield bets on grid-ready Indian states for green investmentBrookfield Asset Management plans to focus new renewable energy investments in southern India, citing stronger transmission networks and lo...
- US agency says power for data centers can sidestep pollution lawsThe U.S. Environmental Protection Agency (EPA) has said power plants built exclusively to supply electricity to data centers, and not conne...
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- Digital Realty raises annual FFO forecast on robust data center demandDigital Realty Trust has raised its forecast for funds from operations for the entire year, driven by a surge in leasing activity from clou...
- HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
- Trump pledge on data center power supplies draws skepticismPresident Donald Trump announced a non-binding pledge for energy infrastructure. Power producers and data centers will fund massive AI-rela...
- How a Pennsylvania couple turns struggling hog farm into $22 million fortuneRural American land values are rapidly increasing due to AI data center expansion. A Pennsylvania family sold their hog farm for over twent...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
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