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DATA CENTRE BOOM
Nasdaq tumbles over 3% as tech stocks extend selloff after Democrats sweep midterms; Tesla plunges 9%, chipmakers slideUS stocks faced a sharp decline on Thursday, particularly in technology shares, amid concerns over regulatory scrutiny. The Nasdaq Composit...- US midterm results threaten data center boom as AI backlash growsUS midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas an...
- Google unveils $15 billion data centre investment in MalaysiaGoogle announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and other infrastructur...
- Australia data centre inquiry finds inadequate checks, stops short of moratoriumAn inquiry into data centres by Australia's most populous state found approvals failed to consider the cumulative effect on resources and i...
- 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...
- Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 ...
- AI boom draws chip supply from other end-markets, Siltronic CEO saysSiltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, ...
- US stocks today: US stocks rally after Democrats' midterm sweep as AI infrastructure stocks slideUS stocks rallied after Democrats secured control of both chambers of Congress in the midterm elections, easing concerns over major policy ...
- 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...
- Meta raises $15 billion through bond sale to fund AI infrastructure expansionMeta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure invest...
- India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...
- AI investment frenzy: What small investors should and should not doWhat should the small investor do about this AI revolution in the making? The simple answer is nothing. No one can tell whether AI is a boo...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
- Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- Waaree Energies bets on US solar boom, expands local sourcing on data-centre growthWaaree Energies plans to significantly increase its solar module manufacturing capacity in the United States. The company aims to boost its...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFAGlobal data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand...
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