Browsing: data centers

Semiconductor shares surged after TSMC results, pushing more stocks to new highs as mid caps and small caps led gains across U.S. markets.

Nvidia leads hedge fund AI picks with a $2.19B stake and strong data center growth, backed by Cliff Asness and surging global demand for its AI chips.

Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth.

Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a “once-in-a-lifetime” business opportunity.

Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model.

Microsoft plans to invest $80 billion in AI data centers by June 2025, expanding infrastructure to power AI growth and innovation globally.