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DATA CENTER ELECTRICITY USAGE
AI stocks retreat as Democratic sweep puts data centre boom in focusAI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data cen...- Donald Trump's midterm drubbing demonstrates the power of data center opponentsDemocrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Te...
- Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at riskTesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan ...
- Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power beginsData centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and G...
- Elon Musk's business empire braces for Democratic wave as Texas flips blueElon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' ...
- AMD shares jump as AI-driven data-center strength fuels growth outlookAMD, which recently joined the ranks of trillion-dollar companies, has gained about 126% this year and is poised to add about $58 billion i...
- AMD forecasts quarterly revenue above estimates as data-center growth acceleratesThe company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running mod...
- Adani Group to seek $1.5 billion for data center financingAdani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX wi...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- America's power bills are soaring. Utilities are now facing an election-year reckoningElectricity prices are increasingly affecting midterm election campaigns as utility bills rise significantly for consumers. Politicians are...
- Alliant targets 1 GW of new data-center contracts in six months as power demand surgesAlliant Energy expects to sign contracts for about 1 gigawatt of additional data-center demand within six months, its finance chief said on...
- Nvidia in talks to give credit support for Nscale's deal with AnthropicNvidia is in talks to offer AI cloud provider Nscale billions of dollars in credit guarantees to support debt funding for a data center ear...
- Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investmentGoogle's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are inv...
- AI data center boom faces backlash at US ballot boxResistance is especially visible in Ohio, one of the country's fastest-growing data center markets. No state has more data center-related b...
- Power Grid asks cable and wire makers to scale up as transmission capex set to risePower Grid Corporation of India aims to exceed last year's capital expenditure of ₹40,000 crore for transmission projects. The chairman emp...
- Nevada unions, politicians caught between AI job creation and destructionNevada unions' soul-searching reflects the national debate underway over whether regulation should slow down AI development amid conflictin...
- Why AI data centers are powering a boom in fuel-cell demandA fuel cell generates electricity through a chemical reaction between a fuel, such as natural gas or hydrogen, and oxygen, converting the f...
- Data center spending to more than double to $2.1 trillion by 2028Data center spending has been a fast-growing source of revenue for industrial firms that make generators, construction equipment, switchgea...
- Donald Trump wants data centres to pay communities and generate their own powerDonald Trump has proposed that data centre operators pay dividends to local communities to gain support. He emphasized that these facilitie...
- Big Tech wants to build more AI data centres across America. Why local communities are pushing back against the costs of the AI revolutionCities across America are imposing temporary moratoriums on data centre approvals to address infrastructural concerns. Local governments ar...
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