Shares of Dell Technologies climbed 3.8% in afternoon trading after Evercore ISI raised its price target to $500, maintaining an 'Outperform' rating and highlighting that demand for AI infrastructure continues to outpace supply.
President Donald Trump rolled out an ambitious AI policy blueprint on the same day financial disclosures showed his accounts purchasing up to $5 million each in major tech stocks, reigniting ethics debates.
TeraWulf signed a 20-year, ~$19 billion AI data center lease with Anthropic, but shares fell 13.2% as investors weigh execution risks, funding gaps, and the company's pivot from bitcoin mining to high-performance computing.
Bloom Energy surged after expanding a key partnership, reigniting dreams of life-changing returns. But with the stock already up more than 1,100% in a year, is there still enough fuel left for new millionaires?
Eileen Castle's backyard pool, once a refuge for neighborhood kids on scorching summer days, now sits empty. The 82-year-old blames the data center humming behind her home — its industrial air conditioners and backup diesel generators filling the air with noise and fumes. Her story reflects a growing tension across communities where the AI boom’s physical infrastructure meets the reality of a warming planet.
Memory crisis deepens as manufacturers abandon newer RAM for older chips while AI workloads reshape global semiconductor supply.
The Philadelphia Semiconductor Index hit a fresh record high on Tuesday, even as the broader Nasdaq slipped, after NVIDIA unveiled its next-generation Vera Rubin platform at the ISC High Performance 2026 conference in Hamburg. The announcement set off a chain reaction across the chip and AI-server supply chain, lifting shares of Skyworks Solutions, Qorvo, Super Micro, Dell, Micron, and others, while software giants like Alphabet and Microsoft fell sharply.
Super Micro Computer (NasdaqGS:SMCI) has been tapped as a global system builder and launch partner for Nvidia's new Vera Rubin NVL4 AI platform, rolling out next-generation liquid-cooled data center racks designed for large-scale AI and scientific workloads. The announcement positions Super Micro alongside Dell and other major vendors in the build-out of high-performance AI infrastructure, drawing renewed investor attention as the stock trades at $35.46.
AMD and Rackspace have signed a multi-year agreement to build a dedicated Enterprise AI Cloud infrastructure powered by AMD chips, with an initial 30 MW rollout aimed at regulated sectors such as healthcare. The partnership positions AMD as the silicon partner for Rackspace’s governed AI compute offering, giving enterprises a tailored alternative to public clouds.
Microsoft has abandoned negotiations with Oracle to lease $3 billion in AI computing capacity, with sources pointing to a deadlock over federal security standards. The move underscores growing friction among tech giants racing to secure scarce data center infrastructure.
SharonAI Holdings (SHAZ) saw a sharp rally after announcing a six-year, 72MW AI data center collaboration with NVIDIA in Australia. Despite a recent pullback, the stock's 90-day return of 172.74% and P/B of 11.3x — far above the IT sector average — have put the spotlight on whether the growth story justifies the price. With minimal revenue and ongoing losses, the real test is execution.
Oracle's fiscal fourth-quarter earnings beat estimates as cloud infrastructure and AI workloads drive record growth. Management highlighted expanding partnerships and a robust pipeline for fiscal 2027.
HIVE Digital Technologies' chief operating officer sold all his directly held shares in an open-market transaction, raising questions about insider sentiment as the company pivots from bitcoin mining to AI infrastructure.
A $10,000 investment in the Technology Select Sector SPDR Fund (XLK) at the close of 2025 would have grown to roughly $13,434 by early June 2026—a 34% total return. Over the same stretch, the same money in the S&P 500 SPY gained just 11%. The gap comes down to a handful of mega-cap names riding an AI-driven capex wave that shows no signs of slowing.
As AI and cloud computing fuel a data center construction boom, states face a mounting backlash over noise, water use, and rising energy costs. Some are offering tax breaks; others are hitting pause.
HPE shares surged to a record high on Tuesday, extending a four-day winning streak, after the company reported second-quarter earnings that smashed expectations, swung to a profit, and raised its full-year revenue outlook. The rally was also fueled by a dividend announcement set for mid-July.
Hewlett Packard Enterprise (HPE) delivered a strong Q2 2026 earnings beat, fueled by surging demand for AI infrastructure and higher margins in its HPC & AI segment. Revenue and earnings per share both exceeded analyst estimates, and management raised its full-year guidance. Shares rose in after-hours trading as investors cheered the company's pivot toward AI-centric workloads.
Shares of Credo Technology fell sharply in after-hours trading even as the company delivered stronger-than-expected fiscal Q4 results, with revenue, EPS, and forward guidance all topping analyst estimates.
A Virginia mother went viral after claiming her elementary-school child brought home materials she considers “data center propaganda” disguised as a Memorial Day activity kit.
CEO Dave Schaeffer says the $225 million sale of 10 data centers to I Squared Capital is a strategic move to cut leverage, ease concerns over 2027 debt maturities, and set the stage for a more aggressive return-of-capital program, as the company looks to shed non-core assets while navigating cost pressures and growth in its wavelength business.
