Data Center
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Caterpillar's Q1 2026 Order Backlog Hit a Record $63 Billion, Driven by AI Power Demand for Data Centers; Q2 Results Due Aug 4
Caterpillar's order backlog reached a record $63 billion at the end of the first quarter of 2026, marking a $28 billion (79%) increase from Q1 2025. A significant portion of this new demand, including
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13 U.S. States Advance Efforts to Eliminate Tax Incentives for Data Centers, Potentially Increasing AI Hashrate Costs by $3 Billion Per Gigawatt
A wave of US states are revoking tax breaks for data centers, putting pressure on the cost of large-scale AI infrastructure construction for tech giants. Four states have already canceled or suspended
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Amazon's debt nearly doubled to $128.9 billion in 6 months as CEO Jassy defends $220 billion data center spending
Amazon's long-term debt has nearly doubled in six months, rising from $65.6 billion at the end of December to $128.9 billion by June 30. This surge comes as CEO Andy Jassy defends the company's substa
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SPX Technologies Stock Rallies on Strong Q2 Results, Neptronic Acquisition, and Raised AI-Fueled Data Center Sales Outlook
SPX Technologies (NYSE: SPXC) shares rallied on Friday after the company reported strong fiscal second-quarter results and raised its full-year financial targets. The heating, ventilation, and air con
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A Data Center Builder's Stock Surges 31% Following Earnings Report Amid Divided AI Trade Sentiment
Shares of an unnamed data center construction company jumped 31% today after it released its latest earnings report. This significant rise comes as market sentiment around AI-related trades appears di
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Investment Fund Carillon Eagle Mid Cap Growth Fund Highlights Vertiv Holdings (VRT) for Robust Growth Driven by AI Infrastructure Spending
Carillon Eagle Mid Cap Growth Fund, in its second-quarter 2026 investor letter, highlighted Vertiv Holdings (VRT) as a company poised for robust growth. The fund noted that Vertiv, a global leader in
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Tennessee County Commissioners Unanimously Vote to Ban Crypto Mining Facilities and Data Centers
A group of 12 county commissioners in a Tennessee county unanimously voted to ban crypto mining facilities and data centers in unincorporated areas. This decision comes as the county is dealing with a
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Galaxy Digital buys 500 acres in Texas for second AI data center campus
Galaxy Digital has acquired 500 acres in McGregor, Texas, to establish its second AI data center campus in the state. The privately funded campus is projected to generate at least $130 million for McG
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Bloom Energy's Stock Rises, Driven by Power Demand from AI Data Centers
Shares of energy company Bloom Energy (NYSE:BE) rose as its solid-oxide fuel cell systems play a key role in meeting the growing power demands of AI data centers. According to the Columbia Seligman Gl
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Applied Digital's revenue quadrupled, driven by strong AI data center demand and new hyperscaler leases
Applied Digital Corp (NASDAQ:APLD) reported a 407% year-over-year revenue increase to $258.7 million in its fourth quarter. This surge was fueled by strong demand for AI data centers, as the company a
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Brookfield expects 6.5 GW of AI data-centre capacity to come online in India over next five years
Brookfield Asset Management expects approximately 6.5 gigawatts (GW) of artificial intelligence (AI) data-centre capacity to come online in India over the next five years. The global alternative asset
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Core Scientific signs AI infrastructure deal with AMD for up to 2.5 GW data center capacity
Core Scientific has signed an AI infrastructure deal with AMD, under which the chip firm will secure up to 2.5 gigawatts of data center capacity to support customer deployments of its AI systems. The
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Meta's AI Data Center Financing Costs Rise Amid Debt Flood
Meta priced a $12.5 billion offering for its data center project at a higher interest rate than a similar deal last year. This reflects a broader trend as AI companies increasingly issue new debt, dri
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Analysis of the KLT (KELTA) Project: A Look Back at Its Current Status and Risks, Having Once Been Positioned as a Data Center Token
KELTA (KLT) was once an ERC-20-based utility token project that raised funds through an ICO in 2018. It aimed to tokenize computing power and promised to provide passive income to holders. The project claimed that each KLT token represented 1 watt of data center capacity. However, as of 2022, its application is no longer available, and the associated company was listed as “unfunded” in 2026 with only one employee. Multiple sources have pointed out that its services are complex, its terms are questionable, and there are custody risks. This article will review the KELTA project’s historical context, its ICO details, and its current status.
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NVIDIA Plans to sign a $500 billion cooperation agreement with South Korea's SK Group
Svmuu News NVIDIA announced Friday that it will partner with South Korea’s SK Group on an AI initiative worth more than $500 billion, covering the construction of large-scale AI data centers and next-
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OpenAI Plans to Build a Data Center Complex Worth at Least $20 Billion in Georgia
Svmuu News: On Wednesday, OpenAI announced plans to build Project Camellia in Effingham County, Georgia. The project is a data center campus valued at at least $20 billion, spanning 1,400 acres and re
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Analysis: Power Supply Bottlenecks Hinder the Construction of AI Data Centers in the U.S.
Svmuu News: The rapid development of artificial intelligence is fueling a growing trend in the construction of large data centers in the United States. However, the U.S. power transmission system is a
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SemiAnalysis: As Power Bottlenecks in Data Centers Worsen, Standby Gas Generators Are Shifting to 24/7 Power Supply
Svmuu News: SemiAnalysis posted on X stating that reciprocating engines—traditional backup power equipment for data centers—are shifting from an “emergency backup” role to becoming a primary, round-th
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Donald Trump: New York State Should Immediately Revise Its Data Center Policy
Svmuu News: U.S. President Donald Trump posted that data centers are one of the biggest drivers of future jobs. They are massive and powerful, and they are also “money-making machines” for the states
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Pre-Market U.S. Stock Market Highlights: NVIDIA's 12-layer HBM4 is now in mass production and shipping; New York State plans to suspend the construction of new large-scale data centers
Svmuu News: Ahead of the U.S. stock market open, investors should pay close attention to the following key market and financial news: 1. U.S. major stock index futures are mixed. Dow Jones futures are
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CleanSpark Secures a 20-Year, $6.6 Billion Data Center Lease; Stock Jumps Over 20% in Pre-Market Trading
Svmuu News Bitcoin Mining company CleanSpark announced that it has signed a 20-year data center lease agreement with an unnamed global technology company, with a total value of approximately $6.6 bill
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New York State will temporarily ban the construction of new large-scale data centers
Svmuu News: The office of New York Governor Kathy Hochul announced that she plans to sign an executive order on Tuesday to halt the construction of large data centers for up to one year. The ban takes
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SK Hynix Announces Plans to Build Approximately 15 Gigawatts of Data Center Capacity
Svmuu News: SK Hynix announced plans to build approximately 15 gigawatts of data centers in South Korea, with an additional 5 gigawatts to be built overseas. SK Chairman Choi Tae-won stated that deman
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Source: Global Semiconductor Device Industry Revenue Could Approach $2 Trillion as Early as 2027
Svmuu News: According to the latest research from Yole Group, the global semiconductor device industry’s revenue is projected to reach $1.6 trillion in 2026 and is expected to approach $2 trillion as
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Anthropic's safety warning weighs on data center stocks, but compute demand still outstrips supply
Anthropic's safety warning weighs on data center stocks, but compute demand still outstrips supply
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AI Boom to Double U.S. Data Center Gas Demand to 15 Bcf/d by 2035, Potentially Ending Era of Cheap Gas: BNEF
BloombergNEF forecasts that U.S. data centers could add 15 billion cubic feet per day (Bcf/d) of natural gas demand by 2035, more than double its previous forecast. Gas is expected to supply 69% of ne
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Trump: There is a sick conspiracy going on against AI and data centers
Trump: There is a sick conspiracy going on against AI and data centers
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Google's parent company, Alphabet, is purchasing nuclear power for its AI data centers, which analysts believe indicates confidence in demand over the next decade.
Yahoo Finance analysts noted that Alphabet's move reflects the company's confidence in the demand outlook for AI data centers over the next decade. Analysts believe that Alphabet, which already owns t
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Moody's: AI Boom to Drive $110 Billion U.S. Power Buildout by 2030, Data Centers Could Consume 10% of U.S. Electricity
According to Moody's, America’s data center boom will require $110 billion to add 45GW of power capacity through 2030. More than 30GW is expected to come from natural gas, requiring an extra 4 billion
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Iron Mountain CFO expects long-term growth portfolio expansion over 20%, driven by data centers and digital solutions
Iron Mountain CFO Barry Hytinen stated at Goldman Sachs' 2026 Communacopia + Technology Conference that the company's growth portfolio, including data centers, asset lifecycle management (ALM), and di
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AI cooling company Modine Manufacturing's data center sales surged 90%, raising full-year guidance.
Modine Manufacturing (NYSE: MOD) announced its first quarter fiscal year 2027 results, with data center sales increasing by 90% year-over-year to $348.6 million, and its backlog doubling. Management r
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Canada's Concord Pacific Developments Inc. acquired a wind farm for several hundred million CAD, and its CEO said the company is also planning to move into data centers.
Concord Pacific Developments Inc. acquired a field of fifty wind turbines from Potentia Renewables Inc. for several hundred million Canadian dollars, deepening the Canadian developer’s long-term bet o
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If the Democratic Party regains control of the House of Representatives, the data center industry will face pressure for stricter environmental and regulatory safeguards.
Wall Street Insights quoted Politico as reporting that Democrats are expected to pressure the administration to establish stricter environmental and regulatory safeguards and require data centers to b
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India's data center boom is creating a new engine for its renewable energy industry, with data centers expected to consume 3% of the country's total electricity by 2030
The rapid expansion of data centers, driven by India's push to become an AI hub, is increasing the bankability of battery-backed solar and wind projects, as data center companies are willing to sign l
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The data center industry is experiencing an IPO wave, with nearly ten companies having gone public or preparing to do so in the past year, aiming to meet the multi-trillion-dollar capital demands for AI infrastructure.
After a wave of privatizations in 2021-2022, the data center industry is once again turning to public markets. Recently listed or IPO-bound companies include Blackstone Digital Infrastructure Trust, C
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Developers propose building data centers in Scotland to utilize its surplus wind power for AI and the digital economy, addressing grid capacity issues.
Developers propose building data centers in Scotland to utilize its surplus wind power for AI and the digital economy, addressing grid capacity issues.
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NVIDIA announced a partnership with Australian partners to build up to 2 gigawatts of AI infrastructure by 2027.
Nvidia announced on September 9 a strategic partnership with Australian Nvidia Cloud Partners (NCPs) and AI infrastructure providers, planning to build up to 2 gigawatts (GW) of AI infrastructure in A
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ABM Industries (ABM) saw its free cash flow surge by over $150 million in the first nine months, leading to an upward revision of its full-year guidance, though business segment performance varied.
ABM Industries (ABM) reported a free cash flow increase of over $150 million year-over-year for the first nine months of fiscal year 2026, reaching $199.6 million. The company raised its full-year fre
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NXP Semiconductors CEO: Company Positioning Itself as a "Physical AI" Leader, Expects Data Center Revenue to Reach $500 Million This Year
NXP Semiconductors (NASDAQ:NXPI) CEO Rafael Sotomayor stated at the Goldman Sachs Communacopia + Technology Conference that the company is combining security, functional safety, real-time processing,
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Pennsylvania Data Center Limits Are a Threat to Gas Firms, Trade Group Says
According to an industry trade group, Pennsylvania Governor Josh Shapiro’s new restrictions on data center development threaten a key source of demand growth for shale gas producers in the state.
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AMD Expands Into Rack-Scale AI, Eyes $220 Billion Server CPU Market by 2030
Advanced Micro Devices (AMD) executives stated at the Goldman Sachs Communacopia + Technology Conference that the company is expanding its role in artificial intelligence from a semiconductor supplier
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UAE plans €40 billion ($46.4 billion) investment in Germany, with data centers and AI as key focus areas
The investment package, announced during UAE President Sheikh Mohamed bin Zayed Al Nahyan's state visit to Germany this week, includes approximately 1 gigawatt of new data-center capacity. The two cou
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Bloomberg: Microsoft plans to triple its global data center capacity to 38GW by 2032 to address AI hashrate shortages.
Bloomberg reports that Microsoft plans to more than triple its global data center capacity to over 38 gigawatts (GW) by 2032, up from approximately 12 GW currently. Sources familiar with the matter st
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Oracle raises data center revenue forecast as AI strategy accelerates, reports significant capital expenditure increase to compete with rivals.
Oracle raises data center revenue forecast as AI strategy accelerates, reports significant capital expenditure increase to compete with rivals.
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Nvidia partners with 8 Australian firms to build out 2GW AI computing capacity by 2027
Nvidia announced on Thursday that it is partnering with eight Australian data center and cloud companies to expand AI computing capacity in the country, targeting a buildout of up to 2 gigawatts by 20
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Building U.S. data centers is getting so expensive that AI companies are moving overseas
AI companies are increasingly looking abroad for opportunities to build data centers, driven by mounting costs, public backlash over energy and water consumption, and the search for cooler climates in
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Optical Cable (OCC) Q3 sales rose 22% to $24.3M, net income $1.9M ($0.21/share), driven by strong demand in enterprise, data center and specialty markets, despite supply constraints.
Optical Cable (OCC) Q3 sales rose 22% to $24.3M, net income $1.9M ($0.21/share), driven by strong demand in enterprise, data center and specialty markets, despite supply constraints.
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CoreWeave CEO Says US Data Center Backlash Won't Stop AI Infrastructure Build-Out
CoreWeave CEO Michael Intrator stated at the Goldman Sachs Communacopia & Tech Conference that despite local opposition blocking or delaying 75 data center projects worth $130 billion in the first thr
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Analysis of the KLT (KELTA) Project: A Look Back at Its Current Status and Risks, Having Once Been Positioned as a Data Center Token
KELTA (KLT) was once an ERC-20-based utility token project that raised funds through an ICO in 2018. It aimed to tokenize computing power and promised to provide passive income to holders. The project claimed that each KLT token represented 1 watt of data center capacity. However, as of 2022, its application is no longer available, and the associated company was listed as “unfunded” in 2026 with only one employee. Multiple sources have pointed out that its services are complex, its terms are questionable, and there are custody risks. This article will review the KELTA project’s historical context, its ICO details, and its current status.
Data Center
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