All articles tagged with #ai data centers
Bloom Energy posted $1.1B in Q2 2026 revenue, a sharp rise that far eclipses Plug Power’s roughly $178M, as Bloom benefits from strong demand for onsite fuel-cell power in AI data centers and a multibillion-dollar Brookfield partnership. Plug Power is turning around with stabilizing revenue and higher guidance, but the revenue gap remains large, cementing Bloom Energy’s lead in the AI-revenue race.
Micron Technology slipped before the open as Samsung’s 9% plunge hit memory stocks, highlighting the cyclical, inventory-sensitive nature of the memory trade even as Micron’s AI-driven demand helped push its revenue higher (reported around $41.46 billion). The piece notes Micron’s valuation is stretched (trading well above its estimated fair value), suggesting upside may be capped by memory-cycle risk and competition from Asian rivals, even with continued AI server demand underpinning near-term momentum.
AI’s data-center power surge is colliding with a global gas-turbine bottleneck: major OEM backlogs and multi-year lead times, plus paid slot reservations, mean turbines won’t arrive fast enough to meet Goldman Sachs’ estimate of 36.3 GW/year demand, forcing reliance on alternatives and shifting the bottleneck to regulators and policy rather than factory output.
The Motley Fool argues Sandisk’s NAND memory business could offer multi-year upside. With AI hyperscalers driving data-center demand and supply constrained, Sandisk posted a 372% revenue surge in fiscal Q4 and is forecast to grow rapidly in early 2027, while trading at a cheap forward multiple (~5.8x). However, a expansion of capacity could lead to a pricing glut, so the risks center on whether AI demand persists long enough to keep earnings rising; if it does, Sandisk could be a generational buy.
Morgan Stanley’s bull case envisions SpaceX reaching $600 per share (about an $8 trillion valuation) if it can scale AI data centers in orbit, keep Starship flights frequent and cheap, and expand Starlink with hundreds of millions of AI-powered subscribers at projected ARPU of $35 by 2040. Wall Street sentiment is mixed: about 32 analysts cover SPCX with an average target near $227 and highs up to $800, though Morningstar is bearish on the AI upside and there’s a bear case around $75. The story hinges on highly uncertain, transformative bets—particularly SpaceX’s AI business, which is cash-burning and not yet proven at scale.
SanDisk projected Q1 revenue of $10.3–$10.8 billion and adjusted earnings of $44–$46 per share, beating estimates, but the stock fell as investors priced in higher AI-memory demand and higher memory prices, pulling the broader memory-storage group down (including Western Digital, Micron, and peers), underscoring that strong results aren’t enough to sustain the rally when expectations are already elevated; going forward investors will watch memory pricing and data-center orders for signs the rally can continue.
Qualcomm reported fiscal Q3 earnings that missed Wall Street estimates, though revenue topped expectations. The miss sent shares lower as the company forecast weaker Q4 revenue and adjusted earnings. Qualcomm is pushing further into AI data-center opportunities and has completed the Modular acquisition, even as smartphone-chip revenue declined about 20% in the quarter.
The Energy Department will redevelop a retired Cold War-era uranium enrichment facility in Paducah, Kentucky, into a $100 billion AI data-center campus, featuring 2 gigawatts of natural-gas-fired power and 2.6 gigawatts of battery storage, privately funded through a partnership with NextEra Energy, Brookfield, and local utilities, as officials push AI development despite local opposition.
Corning fell 16% after reporting Q2 results that beat earnings and revenue estimates, but issued a current-quarter core revenue forecast of $4.9–$5.0 billion below Wall Street expectations, sparking a broader selloff in optical-name stocks tied to AI data-center demand; the company highlighted growth in fiber optics and networking solutions and noted ongoing multi-year deals with hyperscalers such as Amazon.
Kotaku reports The Verge reviewer found the revised 13-inch Surface Laptop with 8GB RAM struggles to function with Windows 11, freezing during everyday tasks like Teams video calls and Google Docs while multiple tabs are open. The issue is blamed on Windows 11’s optimization and RAM pressure driven by AI data-center investments, with the budget model priced around $900–$950.
Americans across the U.S. joined demonstrations organized by Humans First to oppose the rapid growth of AI data centers, highlighting concerns about water use, electricity, environmental impact, and governance, while proponents argue the facilities are crucial for AI development, national security, and jobs.
A sweeping US heatwave strains the power grid and water supplies as the nation races to build thousands of AI data centers, whose cooling and electricity needs could lift overall energy demand and stress local water resources, prompting calls for greater oversight, siting checks, and faster upgrades to generation and transmission, as utilities implement measures like backup power dispatch.
Samsung Electronics and SK Hynix tumbled on a broad Nasdaq-driven tech selloff, wiping out billions in value and pulling Korea’s Kospi lower. SK Hynix outlined a large Korea-focused investment plan to expand memory and AI chip production (M17 and related facilities) as it and the industry bet on rising demand for AI infrastructure, with government backing a nationwide push toward AI data centers and a national semiconductor ecosystem; SK Hynix is also preparing to begin trading ADRs on Nasdaq.
A major US heatwave is expected to push electricity use to near-record levels this week, straining grids operated by PJM Interconnection, NYISO, and MISO. Officials warn that demand is rising faster than new supply, a gap amplified by hyperscale AI data centers—concentrated in northern Virginia—that increase energy use and contribute to a data heat island effect. Health advisories accompany the forecast, with peak demand around 166.3 gigawatts projected for Thursday evening as temperatures climb above 38 C across much of the eastern half of the country.
Progressive NYC candidates endorsed by Mayor Mamdani swept key House primaries, backing a wealth-tax approach for billionaires, a moratorium on AI data centers, a 32-hour four-day workweek, and labor-law reforms through the PRO Act to boost unions and curb wealth inequality.