AMD Posts Higher Revenue on Continued Data-Center Demand
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
This $500 Billion AI Data Center Investment Could Accelerate Demand for This Crucial Fuel
President Trump recently announced that several companies in the private sector are teaming up to invest up to $500 billion into infrastructure for artificial intelligence (AI). The Stargate project, backed by OpenAI, Softbank, and Oracle, will build 20 data centers in the country, with the initial one already under construction in Texas.
Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.
AMD Data Center Sales Miss Estimates in Sign of AI Slowdown
Advanced Micro Devices Inc. reported disappointing results for its data center division, signaling that it’s not making gains on Nvidia Corp. in the market for artificial intelligence computing.
AMD Stock Falls on Disappointing Revenue for Data Center Chips
AMD revenue came in at $7.7 billion, above analysts’ expectations for $7.5 billion, but the company’s data-center unit came in soft.
AMD reports profit beat, as data center sales nearly double for year
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings.
Amid AI boom, Gov. Ferguson creates workgroup to study impact of data centers in Washington state
Washington Gov. Bob Ferguson today announced that he's forming a work group to dig into the impacts of data centers in the ...
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Thermal interface material slashes AI data center cooling cost and GPU/CPU power use
The AI revolution has ushered in an era of exponential power and energy consumption. According to the US Department of Energy ...
The Current And Future Path To AI Inference Data Center Optimization
While training has been the focus, inference is where AI's value is realized. Training clusters need large amounts of power.
NuScale Power: Will AI Data Center Energy Demand Keep This SMR Stock Hot?
NuScale has the potential to become the go-to SMR developer for AI data center power. Click here to see why SMR stock is a ...
Exxon’s CEO touted this ‘huge advantage’ in building power plants for AI data centers
"Our view is we'll bring this on faster than anybody else in the industry, and we'll certainly bring it on faster than any ...
Data center boom yields $20M office refi for Maitland Management
The firm plans to use $20 million to reposition two Dallas office buildings for data centers and AI server farms.
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to ...
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Concerns mount over AI data centers in Michigan
One major concern is the lessening of federal oversight of how AI is used to monitor civilians, according to critics like the ...
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AI and Data Centers Gobbling Electricity: 4 High-Yield Dividend Utility Stock Bargains
The highest-yielding utility stocks could benefit from the massive increase in electricity use, and all offer dependable ...
AI Data-Center Leader Hits All-Time High. Credit Two Reasons After DeepSeek Carnage.
Celestica stock plunged amid the DeepSeek sell off last week but soared to an all-time high on earnings and sales outlook.