Morgan Stanley raised its forecast for global hyperscaler capital expenditures to roughly $1.2 trillion by 2027, up from an earlier estimate of $1.116 trillion, with 75% of spending driven by AI infra…
Amazon, Alphabet, Meta, and Microsoft spent $170 billion on data centers in a single quarter, a 72% increase year-over-year, and are on track to spend $1.5 trillion by end of 2027, according to Wall S…
Ionic Digital surged 9% on its first trading day on Nasdaq on July 28, with shares opening at $53 and closing higher under ticker IOND. The company, formed from Celsius Network's bankruptcy assets, op…
Top Democrat criticizes the Trump administration for worsening the chip shortage, threatening the CHIPS and Science Act's $39 billion in semiconductor manufacturing incentives. Micron CEO Sanjay Mehro…
Microsoft and Amazon are negotiating community benefit agreements with small towns across the Midwest to secure electricity for AI-driven data centers, with Microsoft's initiative in West Des Moines p…
Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in its Arizona semiconductor operations, bringing total planned US spending to over $165 billion, one of t…
TeraWulf, a former Bitcoin mining company, signed a 20-year lease with AI lab Anthropic for a data center campus in Kentucky, projected to generate $19 billion in revenue. The deal, requiring $3.2-4 b…
The US Department of Energy announced up to $17.5 billion in conditional loans to build ten new nuclear reactors across five projects, aiming to revitalize domestic nuclear power amid rising energy de…
Japan recorded a trade deficit of ¥378.7 billion in May 2026, its first shortfall in four months, driven by a surge in imports of semiconductors and electronic components. The deficit reflects intensi…
Marathon Digital announced plans to repurpose its bitcoin mining power assets to support the growth of AI data centers. The company aims to leverage its existing energy infrastructure and operational …