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Data Center
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Andvari Associates highlights Martin Marietta Materials (MLM) as a minor beneficiary of the AI theme in Q2 2026 investor letter
Investment management firm Andvari Associates stated in its Q2 2026 investor letter that Martin Marietta Materials, Inc. (NYSE:MLM), one of the largest aggregates companies in the U.S., is a minor ben
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Artisan Global Opportunities Strategy Trimmed Advanced Micro Devices (AMD) Position in Q2 2026 Due to Valuation Concerns After AI Surge
Investment management company Artisan Partners stated in its Q2 2026 investor commentary that its Artisan Global Opportunities Strategy fund trimmed its exposure to Advanced Micro Devices (AMD) as the
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Saudi Firm Humain Eyes $2.5 Billion Fund to Build Data Centers
Saudi Firm Humain Eyes $2.5 Billion Fund to Build Data Centers
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Ciena (CIEN) stock rose on Thursday after Q3 earnings surged 215% to $2.11 per share, beating estimates amid AI data center boom.
Ciena (CIEN) stock rose on Thursday after the optical gear maker's fiscal third-quarter earnings topped estimates while revenue edged by views amid big share gains in 2026. The company's October-quart
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Berkshire CEO Abel: AI Data Center Expansion Bottleneck Lies in Energy Infrastructure, Company's Energy Business Expected to Benefit
Abel believes that as AI accelerates data center construction, the real constraint is not electricity itself, but the time required for energy infrastructure development, with grid expansion and trans
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US Treasury Secretary Scott Bessent criticized tech giants for "terrible" public relations regarding data center construction, fueling a nationwide backlash.
U.S. Treasury Secretary Scott Bessent on Wednesday publicly criticized tech giants at an event hosted by the Economic Club of Charlotte in North Carolina, accusing them of failing to effectively win p
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Arkansas Judge Refuses to Block Media Reports on Google Data Center Energy Documents
U.S. Federal Judge Lee Rudofsky in Arkansas on Wednesday, September 2, rejected a request from energy company Entergy Arkansas to block the Arkansas Democrat-Gazette from publishing details of confide
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Shares of Comfort Systems USA (FIX), Vertiv (VRT), and Sterling Infrastructure (STRL) have surged over 43% year-to-date, driven by robust demand from AI data centers, which propelled their Q2 results and guidance beyond expectations.
Comfort Systems USA (FIX) reported a 50.3% year-over-year revenue increase to $3.27 billion in Q2, with a record backlog of $14.06 billion. Vertiv Holdings (VRT) saw a 24% year-over-year increase in n
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Komatsu to boost construction equipment supply to North America, driven by AI investment-spurred data center demand, CFO says.
Komatsu to boost construction equipment supply to North America, driven by AI investment-spurred data center demand, CFO says.
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Berkshire CEO Greg Abel tells CNBC there is 'a lot more pushback' on data center construction nationwide
Abel noted the growing resistance to data center construction across the U.S., primarily due to concerns over power and electricity generation. He stated that Berkshire Hathaway is interested in servi
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Wren House Nears Deal to Acquire GIC's Stake in European Data Center Joint Venture
Wren House Nears Deal to Acquire GIC's Stake in European Data Center Joint Venture
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AI Stock Investors' Peak Demand Fears Eased by Strong Dell, Nvidia Outlooks and PwC's Trillions in Data Center Spending Forecast
Despite AI stock investors' concerns about demand peaking, recent data suggests otherwise. Deutsche Bank analyst Melissa Weathers noted investor sentiment has soured with "peak cycle" fears. However,
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South Korea's 2027 budget proposal will allocate 21.3 trillion won to the AI sector, nearly doubling its investment in semiconductors, physical AI, and data centers.
The South Korean government has announced in its 2027 budget proposal that it will allocate 21.3 trillion Korean Won to the AI sector next year, nearly doubling this year's 10.8 trillion Korean Won. T
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Donald Trump posted in support of data center construction, stating that opponents "want to be backward and poor."
Former U.S. President Donald Trump expressed strong support for data center construction in a post on Truth Social on Monday. He stated that the only reason communities across the U.S. oppose data cen
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Nikkei: Asia's Data Center Boom Sparks Public Backlash Over Power Consumption and Community Impact
According to Nikkei Asia, residents and community groups from Australia to India are expressing concerns about the impact of large-scale AI data centers, primarily focusing on electricity strain and e
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Penn. Gov. Shapiro says too many data center developers 'don't care about our communities'
Pennsylvania Gov. Josh Shapiro said Tuesday that "too many" data center developers don't care about the communities where they are building artificial intelligence-sector projects. His comments came a
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Fervo Energy signed a record-breaking 396 MW geothermal power purchase agreement with Google to power a potential data center in Utah.
The agreement is the largest enhanced geothermal power purchase agreement to date, covering Fervo's Cape Station project in southwest Utah, which is expected to come online in 2028. Google also has th
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U.S. Data Centers Projected to Consume 11.8% of U.S. Electricity by 2030; Regulators Push for Data Centers to Become Power Hubs
A 2026 Pew Research Center analysis found over 3,000 operating U.S. data centers and more than 1,500 in development. Lawrence Berkeley National Laboratory projects data centers could consume 11.8% of
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Analysis: Texas Halts New Data Center Grid Connections Amid "Phantom Demand" and National Grid Planning Challenges
Texas recently became the first major hub to pause new grid connections for data centers and launch an investigation into their plans, aiming to address the issue of inflated power demand from these f
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Samsung and LG Electronics are expanding their data center cooling businesses to address the heat dissipation bottleneck caused by AI chips like NVIDIA B200, which consume over 1000 watts of power.
Samsung and LG Electronics are expanding their data center cooling businesses to address the heat dissipation bottleneck caused by AI chips like NVIDIA B200, which consume over 1000 watts of power.
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Donald Trump strongly defended data center construction on August 31, warning opponents that they would become "backward and poor."
Donald Trump posted on his Truth Social platform, stating that American communities opposing relevant projects "want to be backward and poor," and called for "letting the data speak for itself" everyw
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Australia's Northern Territory Begins Commercial Production from First Shale Gas Wells to Power AI Data Centers
The Northern Territory has started commercial production from the nation's first shale gas wells, with natural gas from Tamboran Resources Corp.’s Shenandoah South project set to begin flowing into th
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SLB to Acquire Kelvion for $3.4 Billion in Cash, Plus $700 Million in Debt, Targeting AI Data Center Cooling Market
SLB, a global technology company, announced its agreement to acquire thermal management and heat-exchange technology provider Kelvion from Apollo Global Management and Triton for approximately $3.4 bi
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Trump urges U.S. communities to embrace data centers, citing jobs, investment, and lower taxes, warns opposition risks leaving communities 'backwards and poor' and could benefit China.
Trump urges U.S. communities to embrace data centers, citing jobs, investment, and lower taxes, warns opposition risks leaving communities 'backwards and poor' and could benefit China.
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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.
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