28 stories tagged #Data Center

  1. DigiCo Infrastructure Sells Chicago Data Center for $750M
    finance

    DigiCo Infrastructure Sells Chicago Data Center for $750M

    DigiCo Infrastructure sells Chicago data center for $750M to reduce debt and fund Sydney development, sending shares up 19%.

    last mo. 1 min read
  2. AMD Beats Revenue Estimates, Soars 12% on AI Demand
    tech

    AMD Beats Revenue Estimates, Soars 12% on AI Demand

    AMD forecasts Q2 revenue above expectations, driven by strong AI chip demand. Shares jump 12% in after-hours trading.

    last mo. 1 min read
  3. Meta Taps Morgan Stanley, JPMorgan for $13B Data Center Financing
    finance

    Meta Taps Morgan Stanley, JPMorgan for $13B Data Center Financing

    Meta Platforms is working with Morgan Stanley and JPMorgan on a roughly $13 billion financing package for a data center in El Paso, Texas.

    last mo. 1 min read
  4. Qualcomm Soars on Q2 Beat, $20 Billion Buyback, and Data Center Timeline
    tech

    Qualcomm Soars on Q2 Beat, $20 Billion Buyback, and Data Center Timeline

    Qualcomm shares surged over 15% after beating Q2 estimates, announcing a $20B buyback, and confirming a data center entry timeline.

    last mo. 1 min read
  5. HIVE Digital Plans $75 Million Raise for AI Infrastructure
    crypto

    HIVE Digital Plans $75 Million Raise for AI Infrastructure

    HIVE Digital Technologies is raising $75 million through exchangeable notes to fund GPU purchases and data center expansion, signaling a strategic pivot into AI infrastructure.

    last mo. 1 min read
  6. Digital Realty Boosts Singapore AI Infrastructure with S$7 Billion Investment
    tech

    Digital Realty Boosts Singapore AI Infrastructure with S$7 Billion Investment

    Digital Realty significantly expands its data center footprint in Singapore, investing up to S$7 billion to support the next phase of AI inference and cloud connectivity.

    last mo. 2 min read
  7. Applied Digital Sees Wider Net Loss Despite Revenue Surge
    finance

    Applied Digital Sees Wider Net Loss Despite Revenue Surge

    Applied Digital's net loss widened in its third quarter due to increased expenses and a one-time charge, even as revenue significantly beat estimates driven by data center demand.

    2mo ago 1 min read
  8. Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom
    tech

    Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom

    Applied Digital reports strong quarterly revenue, exceeding estimates due to surging demand for data center services supporting generative AI growth.

    2mo ago 1 min read