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AI Memory Boom Lifts Micron's Outlook as Demand Outpaces Supply
technology1 day ago

AI Memory Boom Lifts Micron's Outlook as Demand Outpaces Supply

Micron Technology blew past expectations with fiscal Q3 revenue of about $41.5 billion (up 74% sequential, 346% year over year) and $28.2 billion in net income, prompting a Q4 outlook of roughly $50 billion in revenue and $30.73 per share—well above estimates. The surge is driven by surging demand for high-bandwidth memory used in AI and data-center workloads, giving Micron significant pricing power amid ongoing supply tightness. The company has presold capacity through 2027 and struck strategic customer agreements, supporting a view of a durable AI-memory upcycle that has driven MU higher this year.

via The Motley Fool|
#artificial-intelligence#data-center#memory-pricing
Anthropic inks 20-year Kentucky data-center deal with TeraWulf, spurring stock rally
business5 days ago

Anthropic inks 20-year Kentucky data-center deal with TeraWulf, spurring stock rally

Anthropic signed a 20-year lease to use a TeraWulf data center in Hawesville, Kentucky, with around 400 MW capacity and first power expected in the second half of 2027. The lease is projected to generate about $19 billion in revenue over its term and supported a premarket stock rally for TeraWulf, which has shifted from crypto mining to AI data-center infrastructure; the company also sold its 50% stake in a 168 MW Abernathy, Texas center to Fluidstack.

via CNBC|
#ai-infrastructure#anthropic#business
Wisconsin residents sue Microsoft over noise and dust from Fairwater data center
world6 days ago

Wisconsin residents sue Microsoft over noise and dust from Fairwater data center

A class-action suit filed in the Eastern District of Wisconsin alleges Microsoft’s Fairwater data center near Mount Pleasant generates ongoing noise pollution from diesel generators and HVAC equipment, along with construction dust and related disturbances; Microsoft says it addressed a humming noise in April and remains committed to being a good neighbor, while plaintiffs seek damages.

via The Independent|
#data-center#microsoft#noise-pollution
Mount Pleasant residents sue Microsoft over persistent data-center noise
business7 days ago

Mount Pleasant residents sue Microsoft over persistent data-center noise

Residents of Mount Pleasant and nearby Sturtevant filed a class-action lawsuit against Microsoft alleging constant construction noise from the Mount Pleasant data center disrupts sleep, daily life, and lowers property values, claiming inadequate soundproofing and mitigation. Microsoft says on-site tests and mitigations have reduced the noise and monitoring continues, while construction runs through at least 2028; the village reports no formal complaints since mid-April as the suit seeks damages and a reduction in noise.

via WISN|
#business#class-action#community-impact
Nvidia launches startup deals that trade compute power for a slice of future profits
technology9 days ago

Nvidia launches startup deals that trade compute power for a slice of future profits

Nvidia unveiled revenue-sharing agreements with fast-growing AI startups, offering token credits to power development in exchange for a share of future product and cloud revenues. Initial partners Sharon AI (up to 40,000 Nvidia GPUs) and Firmus Technologies (Batam data center targeting 170,000 GPUs and 360 MW) will provide the compute behind the program, highlighting the escalating importance of access to GPUs for AI startups.

via CNBC|
#data-center#gpus#nvidia
O’Leary Walks Back China Link to Utah Data Center Protests
technology13 days ago

O’Leary Walks Back China Link to Utah Data Center Protests

Tech entrepreneur Kevin O’Leary admitted he had no evidence that China-funded groups were behind Utah anti-data-center protests and deleted posts backing his claim, after alleging a Chinese influence campaign. The Stratos Project’s two 20,000-acre sites in Box Elder County face mounting opposition, with a Deseret News/Hinckley Institute poll showing 60% of Utah voters oppose it and a state senator who supported the project losing his primary, signaling growing political backlash against the proposal.

via Gizmodo|
#china#data-center#kevin-oleary
politics15 days ago

Lawmakers clash over data center energy costs and a nationwide moratorium

A House panel advanced data center legislation but deep divisions over a nationwide moratorium on new data centers threaten momentum; Pallone and Castor push for stronger federal action while Guthrie warns it could slow AI progress, and Senate leaders are divided about moving forward. The Ratepayer Protection Act passed by voice vote, but broader energy and grid bills face an uphill battle as lawmakers weigh who should cover new generation and transmission costs.

via Politico|
#congress#data-center#energy-policy
Qualcomm bets big on AI data centers with Dragonfly C1000 and Meta as first major customer
technology16 days ago

Qualcomm bets big on AI data centers with Dragonfly C1000 and Meta as first major customer

Qualcomm unveiled the Dragonfly C1000 data-center CPU designed for agentic AI, with Meta planned to use it when production starts in 2028. The company also lifted its 2029 non-handset revenue outlook to about $40 billion and set a $15 billion target for data-center sales, signaling a broader push beyond smartphones into AI-enabled data centers, automotive, and other growth markets. It also acquired Modular to enable cross-architecture AI software and highlighted deals with hyperscalers, as shares rose on the news.

via CNBC|
#ai#data-center#dragonfly-c1000
Micron rides AI boom to blowout Q3 results and higher guidance
business16 days ago

Micron rides AI boom to blowout Q3 results and higher guidance

Micron beat fiscal Q3 2026 estimates with revenue of $41.46 billion and adjusted EPS of $25.11 (net income $28.24B, $24.46 per share), underpinned by surging AI-driven memory demand. Growth was broad, led by data-center memory (up sevenfold to $11.5B) and cloud memory ($13.77B), with device memory and automotive/embedded memory also strong. Gross margin rose to 84.9% (from 74.9%), and the company guided Q4 revenue of about $50B (above consensus). Micron also signed 16 long-term customer agreements and expects memory tightness to persist beyond 2027 amid AI demand; the stock has rallied ~700% over the past year, pushing market cap above $1 trillion, with a 15-cent dividend due in July.

via CNBC|
#ai#business#data-center
Utah Senate President Ousted in GOP Primary Amid Data Center Fallout
politics16 days ago

Utah Senate President Ousted in GOP Primary Amid Data Center Fallout

After more than two decades in the Utah Legislature, Senate President J. Stuart Adams conceded the GOP primary to Stephanie Hollist, driven by backlash to his role approving a hyperscale data center in Box Elder County. Hollist led early results at about 43% to Adams’s 35%, with Braden Hess at 22%; Adams acknowledged defeat. Hollist framed the win as a call for change and accountability, while Adams highlighted his record. The race featured AI-generated ads and outsized spending, with Hollist around $181k, Adams about $429k, and Hess under $6k, as outside groups attacked Adams over the data center issues affecting power and water use.

via The Salt Lake Tribune|
#box-elder-county#data-center#elections
Repurposed Pixel Phones Power a Budget-Friendly, High-Efficiency Data Center
technology25 days ago

Repurposed Pixel Phones Power a Budget-Friendly, High-Efficiency Data Center

UCSD researchers, with Google, are turning retired Pixel phones into standalone compute nodes by stripping hardware and running Linux with orchestration (Kubernetes); in SPEC benchmarks, single cores on older Pixels outperform some server configurations, and 25–50 phones can match a dual-socket server’s output, with a 20-phone cluster already supporting classes for more than 75 students. The project envisions scaling to about 2,000 phones for hundreds of classes, offering a cheaper, lower-carbon alternative to cloud infrastructure—though not suited to hyperscale workloads due to hardware heterogeneity and management complexity.

via TechSpot|
#data-center#distributed-computing#e-waste
Mississippi Residents File Class Action Against xAI and SpaceX Over Persistent Data-Center Noise
technology1 month ago

Mississippi Residents File Class Action Against xAI and SpaceX Over Persistent Data-Center Noise

Mississippi residents filed a federal class action against Elon Musk’s xAI and SpaceX (with MZX Tech named) accusing a nearby Southaven data-center fueling plant of emitting constant noise and vibrations that harm health and devalue property; the suit, representing a class of more than 10,000, seeks damages and disgorgement of profits, while Musk is not named as a defendant and related environmental claims against xAI by the NAACP are ongoing with possible DOJ involvement.

via Yahoo Finance|
#data-center#lawsuit#noise
Broadcom’s AI Silicon Momentum vs Qualcomm’s Data Center Upside
business1 month ago

Broadcom’s AI Silicon Momentum vs Qualcomm’s Data Center Upside

Broadcom posted a record quarter with AI silicon revenue surging and guiding strong AI-related growth, signaling a pure AI infrastructure thesis, while Qualcomm beat estimates but faced handset softness, leveraging auto and data-center strength plus a new $20 billion buyback as catalysts. With Qualcomm’s investor-day and Broadcom’s AI-driven trajectory, investors face two divergent growth theses, underscored by a wide valuation gap between the two.

via Yahoo Finance|
#ai-chips#broadcom#business