#ai-boom

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#data-centers

AI boom propels stock of Wild-West-era landowner up 200%

Texas Pacific Land Corporation has capitalized on the AI boom, significantly increasing its market valuation through strategic land use and energy projects.

AI boom set to fuel data centre deals in Asia this year

The AI boom in Asia Pacific is driving significant M&A and investment activities in data centers.

AI demand puts more pressure on data centers' energy use. Here's how to make it sustainable

The energy consumption of big tech companies has surged due to the AI boom, notably driven by large language models like ChatGPT.
AI's significant energy demands are shifting the energy industry's strategies, including considerations like restarting dormant nuclear reactors for power generation.
The rapid growth of AI is putting pressure on electrical grids worldwide, with data centers requiring more power and creating stability challenges.

AI boom propels stock of Wild-West-era landowner up 200%

Texas Pacific Land Corporation has capitalized on the AI boom, significantly increasing its market valuation through strategic land use and energy projects.

AI boom set to fuel data centre deals in Asia this year

The AI boom in Asia Pacific is driving significant M&A and investment activities in data centers.

AI demand puts more pressure on data centers' energy use. Here's how to make it sustainable

The energy consumption of big tech companies has surged due to the AI boom, notably driven by large language models like ChatGPT.
AI's significant energy demands are shifting the energy industry's strategies, including considerations like restarting dormant nuclear reactors for power generation.
The rapid growth of AI is putting pressure on electrical grids worldwide, with data centers requiring more power and creating stability challenges.
moredata-centers
#billionaires

Oracle's Larry Ellison is now the world's 4th-richest person after a $57 billion wealth surge this year

Larry Ellison is now the world's fourth-richest person, owing to Oracle's stock surge fueled by AI demand.

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

The stock market boom, driven by AI advancements, significantly increased billionaires' wealth, especially Elon Musk's fortune tied to Tesla's growth.

Oracle's Larry Ellison is now the world's 4th-richest person after a $57 billion wealth surge this year

Larry Ellison is now the world's fourth-richest person, owing to Oracle's stock surge fueled by AI demand.

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

The stock market boom, driven by AI advancements, significantly increased billionaires' wealth, especially Elon Musk's fortune tied to Tesla's growth.
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#nvidia

AI is having a '1995 moment'

AI boom compared to internet commercialization in the 90s
Nvidia leading the charge in AI with GPUs

$3.34 Trillion

Nvidia became the most valuable public company with a $3.34 trillion market value, driven by the AI boom.

Nvidia becomes the biggest stock on Wall Street - London Business News | Londonlovesbusiness.com

Nvidia became the largest company globally, rapidly growing to $3 trillion in just 96 days, outpacing Microsoft and Apple.

Nvidia Stock Rally Made the Company More Valuable Than Apple This Week, But Government Antitrust Probe Looming

Nvidia briefly surpassed Apple in market value, indicating the AI boom's impact on tech companies and bringing potential antitrust scrutiny to Nvidia, Microsoft, and OpenAI.

Nvidia crushes expectations, reporting a 94% increase in revenue as AI demand booms

Nvidia's performance in Q3 showcases unprecedented growth with high revenues and profits, reinforcing its leading role in the AI industry.

Jensen Huang is $60 billion richer this year thanks to Nvidia's soaring stock - and just rejoined the $100 billion club

Jensen Huang has rejoined the $100 billion club after a $14 billion wealth surge, attributed to Nvidia's soaring stock driven by AI demand.

AI is having a '1995 moment'

AI boom compared to internet commercialization in the 90s
Nvidia leading the charge in AI with GPUs

$3.34 Trillion

Nvidia became the most valuable public company with a $3.34 trillion market value, driven by the AI boom.

Nvidia becomes the biggest stock on Wall Street - London Business News | Londonlovesbusiness.com

Nvidia became the largest company globally, rapidly growing to $3 trillion in just 96 days, outpacing Microsoft and Apple.

Nvidia Stock Rally Made the Company More Valuable Than Apple This Week, But Government Antitrust Probe Looming

Nvidia briefly surpassed Apple in market value, indicating the AI boom's impact on tech companies and bringing potential antitrust scrutiny to Nvidia, Microsoft, and OpenAI.

Nvidia crushes expectations, reporting a 94% increase in revenue as AI demand booms

Nvidia's performance in Q3 showcases unprecedented growth with high revenues and profits, reinforcing its leading role in the AI industry.

Jensen Huang is $60 billion richer this year thanks to Nvidia's soaring stock - and just rejoined the $100 billion club

Jensen Huang has rejoined the $100 billion club after a $14 billion wealth surge, attributed to Nvidia's soaring stock driven by AI demand.
morenvidia

Why this tiny English village doesn't want a data center next door

Local residents of Abbots Langley oppose a proposed data center, fearing it will disrupt their historic village's character and strain local resources.

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Super Micro faces serious accounting issues, highlighted by auditor resignation and conflicting statements, causing significant investor concern and stock drop.

ASML, LRCX: 2 Cheap Semi Stocks That are Down but not Out

Investors may find value in semiconductor equipment makers amid current bear markets as demand slows and expectations adjust.

Microsoft CEO Satya Nadella's pay soars to $79 million despite asking for a smaller bonus

Microsoft CEO Satya Nadella's pay increased 63% to $79.1 million, influenced by a strong stock performance and a self-requested reduction in cash incentive.
#datacenters

AI's energy appetite too big for Texas, regulators warn

Texas datacenter operators must provide their own power due to grid reliability concerns amid AI growth.
The Texas Public Utility Commission warns datacenters about their impact on local power supply.

AI demand is fueling a DC development boom in North America

The construction of datacenters is surging due to AI demand, but supply issues and high demand are causing delays and driving up rental prices.

AI's energy appetite too big for Texas, regulators warn

Texas datacenter operators must provide their own power due to grid reliability concerns amid AI growth.
The Texas Public Utility Commission warns datacenters about their impact on local power supply.

AI demand is fueling a DC development boom in North America

The construction of datacenters is surging due to AI demand, but supply issues and high demand are causing delays and driving up rental prices.
moredatacenters
#hbm

Rising AI tide lifts price of all chips: HBM, DRAM, even SSD

The AI boom drives up prices for memory hardware, particularly HBM, with increasing demand for AI-capable systems leading to higher prices and limited supply.

AI and server boom sends Samsung's memory back to profit

Samsung Electronics' Device Solutions unit reported a 68% year-on-year increase in sales for Q1 2024, attributing it to strong memory sales due to AI and server boom.

Rising AI tide lifts price of all chips: HBM, DRAM, even SSD

The AI boom drives up prices for memory hardware, particularly HBM, with increasing demand for AI-capable systems leading to higher prices and limited supply.

AI and server boom sends Samsung's memory back to profit

Samsung Electronics' Device Solutions unit reported a 68% year-on-year increase in sales for Q1 2024, attributing it to strong memory sales due to AI and server boom.
morehbm

Despite the stock crash, the AI-fueled bubble will soon regain momentum, economist says

Capital Economics predicts AI boom amidst market concern.

Will OpenAI's $5bn gamble on chatbots pay off? Only if you use them

The shine is coming off the AI boom due to soaring valuations and high spending required to sustain them.

Nvidia Corp (NVDA-Q) Quote - Press Release

Micron Technologies is positioned to benefit from the AI boom due to the increasing demand for memory chips in AI servers.
CEO Sanjay Mehrotra believes AI is in the early stages of a multiyear growth phase that will significantly impact businesses and society.

Nvidia's rising tide is lifting all boats in the stock market

AI boom driving stock surge
Nvidia's impressive performance

As layoffs deepen, AI's role in the cuts is murky - but it definitely has one | TechCrunch

AI is playing a role in the layoffs happening in the tech industry
Companies are reluctant to acknowledge the connection between AI and job cuts

The AI Revolution Won't Be Monopolized

Open source will play a crucial role in the future of AI.

Is Broadcom a Must Buy in July?

Broadcom's stock split on July 12 leads to increased investor expectations and improved access to company shares.

How Much Would an Early Investment in Nvidia Be Worth Now? | Entrepreneur

Investing $10,000 in Nvidia 25 years ago would be worth over $30 million today.
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