Data Center
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financeQualcomm Authorizes Twenty Billion Dollar Stock Buyback Amid Market Rebound
Qualcomm launches $20B buyback and dividend hike as shares recover from memory crunch. CEO Amon targets diversification into data centers and autonomous vehicles.
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techNebius Secures $27B AI Deal with Meta
Nebius Group signs landmark five-year agreement with Meta to deliver $12B in AI computing, with up to $27B total value. Expansion accelerates AI cloud growth.
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techNvidia Pours $2 Billion into AI Cloud Nebius Amid Data Center Expansion
Nvidia commits $2 billion to AI cloud provider Nebius, bolstering its AI data center infrastructure and expanding capacity to meet surging global demand for intelligence.
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techNvidia Invests $2 Billion in AI Cloud Firm Nebius
Nvidia injects $2 billion into AI cloud company Nebius, expanding its AI investment portfolio and boosting Nebius's data center capacity.
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techOracle, OpenAI Halt Texas Data Center Expansion
Oracle and OpenAI have reportedly abandoned plans for a major AI data center expansion in Texas due to financing and evolving needs.
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techOracle Eyes Thousands of Layoffs Amidst AI Data Center Expansion Costs
Enterprise software giant Oracle is reportedly planning significant job cuts to manage costs associated with its massive AI data center expansion, impacting various divisions and potentially targeting AI-affected roles.
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financeMarvell Eyes $15 Billion Revenue by Fiscal 2028 on AI Data Center Surge
Marvell Technology projects significant revenue growth, driven by AI data center demand and custom chip solutions. Shares surged on the optimistic outlook.
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financeMarvell Surpasses Q1 Revenue Estimates Fueled by AI Data Center Demand
Marvell Technology's Q1 revenue exceeds expectations, driven by a surge in AI-powered data center chip demand from major tech players investing heavily in AI infrastructure.