Elon Musk's merger of SpaceX and xAI aims to turn a decades-old sci-fi concept—space-based data centers—into a commercial reality. While promising limitless solar power and natural cooling, the ambitious vision faces formidable technical and economic hurdles.
Faced with surging energy demands and local opposition, Elon Musk and other tech leaders are proposing a radical solution: building AI data centers in space. The recent merger of SpaceX and xAI marks a significant step in this cosmic ambition, as companies race to overcome earthly constraints.
Hubbell Incorporated posts strong Q4 2025 results, fueled by surging investments in data center infrastructure and utility grid modernization, while navigating inflationary headwinds with strategic pricing and automation.
Despite posting a GAAP net loss for 2025, Galaxy Digital highlights robust growth in its core digital assets business and significant progress in building out its Texas data center platform, positioning the firm for a potential market recovery.
Viavi Solutions Inc. (VIAV) reported stronger-than-expected fourth-quarter results, fueled by surging demand from AI data center infrastructure and a resilient aerospace & defense sector. As the company integrates its recent acquisition of Spirent, analysts pressed management on the sustainability of growth and strategic execution.
German chipmaker Infineon is significantly boosting its capital expenditure, adding €500 million to its FY2026 plans, to scale production for power management chips critical for AI data centers. The company forecasts revenue from this segment to surge to €2.5 billion by FY2027.
Industrial manufacturer Hubbell Incorporated capped off 2025 with robust quarterly results, fueled by accelerating investments in utility infrastructure and a booming data center market. The company projects continued organic growth and margin expansion for the coming year.
Legence Corp., a critical building systems specialist, is emerging as a key beneficiary of the explosive data center market. With Blackstone's backing and trading at a discount to peers, analysts see significant upside potential despite its post-IPO obscurity.
Advanced Micro Devices closes a landmark 2025 with record revenue and profit, fueled by explosive growth in its data center and AI businesses. CEO Lisa Su points to expanding market share and a robust pipeline for next-generation AI hardware as key drivers for the coming year.
Amazon Web Services CEO Matt Garman has dismissed near-term prospects for space-based data centers, labeling the concept economically unviable despite growing interest from startups and figures like Jeff Bezos, as the AI boom intensifies the search for computing capacity.
Governor Josh Shapiro unveils a state framework to manage the rapid expansion of data centers, balancing economic opportunity with community and environmental concerns as the issue gains political traction.
Baird raises Caterpillar's price target to $805, citing robust order backlogs and earnings visibility fueled by surging demand for power systems from data centers and AI infrastructure.
While investors chase flashy AI chipmakers, infrastructure giant American Tower is building the high-speed, interconnected data centers that could become the critical backbone for financial firms and others racing to deploy artificial intelligence.
Siemens Energy announces a major $1 billion investment to scale up U.S. manufacturing and hire over 1,500 workers, responding to surging electricity demand driven by data centers, AI, and industrial electrification.
The explosive demand for AI is triggering a seismic shift in commercial real estate, as investors pour capital into specialized data centers designed to handle the immense power and cooling needs of next-generation computing.
Vema Hydrogen's novel method of extracting hydrogen from iron-rich rock formations promises ultra-low-cost, clean energy, potentially shifting the strategic location of power-hungry data centers.
DA Davidson raises its price target on Modine Manufacturing (MOD) to $255, citing the company's strategic shift to focus on data center thermal management and the planned spin-off of its Performance Technologies segment.
As borrowing costs surge and U.S. bank lending tightens, Oracle is reportedly considering cutting tens of thousands of jobs to free up cash for its capital-intensive AI data center build-out, with potential ripple effects across the cloud industry.
Texas Instruments reports a return to year-over-year growth in Q4, fueled by a strong industrial recovery and explosive data center demand. As the chipmaker navigates a shifting market, analysts zeroed in on sustainability, margins, and capacity strategy during the earnings call.
From a 2021 spin-off to a market darling, Vertiv's stock has skyrocketed over 850%, dwarfing the S&P 500. We analyze the key financial metrics—organic growth, cash flow, and capital returns—behind its staggering performance and what it signals for the AI-driven data center boom.
