Pennsylvania Sees Electric Bill Spike as AI Data Center Debate Heats Up
Pennsylvania House Republicans want large data centers to cover their own power and grid expenses, moving a bill after new electricity-price hikes hit this week.
Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend
Keel Infrastructure Corp. shares fell early Friday after the company set terms for an expanded $400 million sale of convertible senior notes. It's the latest move testing investor appetite as Keel ramps up spending on AI data centers.
Keel Slides After AI Data Center Run-Up; Power Bottleneck in Focus
Keel Infrastructure Corp shares fell in midday trading on Nasdaq on Thursday, cooling off after a sharp rally that brought the AI infrastructure name near its 52-week high.
IREN Stock Moves Early as Market Reacts to Australia AI Data-Center Push
IREN Ltd. shares pointed lower in premarket U.S. trading on Thursday, after the AI cloud and bitcoin mining company said it’s building an 800-megawatt campus in South Australia, its first data center in Australia. The stock finished Wednesday at $65.48, down 1.7%. In early morning trading at 6:48 a.m. Eastern, MarketBeat showed shares at $61.66, down 5.8% more.
Xos Surges After Hours as Data-Center Power Play Hits Tape
Xos Inc shares jumped more than 100% in after-hours trade Tuesday. The electric truck and energy-storage maker put out a containerized power system marketed to data centers and industrial buyers looking to get power fast, not waiting for grid upgrades.
Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks
Sivers Semiconductors jumped Tuesday after the Swedish photonics company said it’s working with GlobalFoundries to deliver laser arrays for optical connections in AI data centers. That part of the chip market has been getting a closer look as copper lines run into limits in computing clusters.
SoftBank takes key spot as France launches $108B AI push in Europe data centre fight
France drew €93 billion in corporate pledges at the Choose France summit on Monday, with SoftBank Group topping the list. The company plans to invest €45 billion in AI data centres in northern France. President Emmanuel Macron said the 71 projects are expected to make over 15,600 jobs.
Oracle’s Big Data Center Push in Focus After Latest Moves
Oracle shares climbed 6.2% on Thursday, hitting $204.16 before pulling back. Investors are looking at upbeat commentary around the company’s earnings prospects, even as Oracle’s AI data-center costs remain high. Shares were last at $202.78, putting Oracle’s market value near $590.7 billion.
Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push
Cipher Digital Inc. stock climbed roughly 9.5% to $25.21 late Wednesday on Nasdaq, closing in on a new 52-week high. The run came as traders stuck with names linked to power-hungry AI data centers. Volume beat the daily average, pushing Cipher’s market cap to nearly $10.2 billion.
Dycom Soars 27% as Earnings Beat, Citing Data-Center Demand
Dycom Industries stock climbed roughly 27% in afternoon trading Wednesday. The U.S. infrastructure firm beat earnings estimates for its fiscal first quarter, lifted its full-year outlook, and unveiled a fresh data-center acquisition. Shares were last at $533.74, backing off from a session high of $566.
Nvidia’s $3.4 Billion IREN Deal Shows Next AI Bottleneck
IREN Ltd. co-founder and co-CEO Daniel Roberts is sounding a note of caution about the AI infrastructure race, saying that it could take until 2030 for a 1-gigawatt “AI factory” — the big data centers that power AI models — started today to go live. IREN shares were quoted at $56.83 before the U.S. open, putting the Nasdaq-listed firm’s market cap around $19 billion.
KEEL Surges as Investors Back Keel’s AI Data Center Plans
Keel Infrastructure Corp. gained 7.1% to $4.53 at 1:44 p.m. EDT Thursday, near its $4.66 52-week high. Traders picked up shares, betting on the ex-Bitfarms company's AI power-infrastructure push. IREN and Cipher Digital moved higher too. The broader U.S. markets dropped as oil and Treasury yields climbed. Google Finance showed 22.31 million shares of KEEL traded, below its 33.41 million average, with a market cap around $2.71 billion.
Applied Digital Hits 1 GW, $31 Billion Bet Starts
Applied Digital on Wednesday said it has signed a 15-year take-or-pay lease with the same unnamed U.S. investment-grade hyperscaler already leasing at its Delta Forge 1 campus. The deal adds 300 megawatts of critical IT load at a new Polaris Forge 3 site, lifting contracted capacity for the Dallas-based company past 1 gigawatt. The lease, which requires the customer to pay whether or not it uses the full capacity, is worth about $7.5 billion over the base term.
Vertiv shares slide ahead of AI data center update
Vertiv Holdings Co. shares dropped sharply Monday. The selloff hit a name that’s been popular with Wall Street AI-infrastructure traders, just ahead of a scheduled management session with investors.
BXDC kicks off trading with a bumpy first week
Blackstone Digital Infrastructure Trust Inc. spent its first short week on the market holding just above its IPO price. The Blackstone-backed data center REIT saw steadier trading Friday as its debut on the New York Stock Exchange drew little noise.
AEP Stock Sale Swells Toward $3 Billion as Data-Center Power Boom Tests Utilities
American Electric Power’s stock offering has swelled close to $3 billion, with underwriters taking up their entire allotment of extra shares. The Ohio utility now has more flexibility to bankroll a much bigger grid and power project buildout.
Blackstone’s $1.75 Billion BXDC IPO Opens Flat as AI Data Center Bet Faces First Test
Blackstone Digital Infrastructure Trust saw an uninspired start on the New York Stock Exchange Thursday, with shares kicking off their debut at $20—right where the IPO priced them. The $1.75 billion float involved 87.5 million shares changing hands, all aimed at investors eyeing AI infrastructure.
Applied Optoelectronics Stock Surges Again as AI Data-Center Demand Outruns Supply
Shares of Applied Optoelectronics surged roughly 21% Wednesday afternoon, fueling gains across optical-networking names as bets on AI data center demand kept pushing supply concerns. The stock was last seen at $227.05, after reaching as high as $233.55 earlier. That price tags the company at a market cap near $17.3 billion.
Digi Power X Stock Jumps as Investors Price the AI Data-Center Pivot Before Q1 Update
Digi Power X Inc. is drawing buyers ahead of the open, with DGXX sitting near $9 in the early premarket following Tuesday’s 12.92% surge. It’s a familiar setup: momentum in the stock, and now a date on the calendar—May 15—for Q1 results and an operational update from management.
FuelCell Energy Stock Hits 52-Week High as AI Data Center Power Bets Lift FCEL
FuelCell Energy rallied to a new 52-week high on Monday, closing up 16.35% at $15.94. Investors snapped up shares after the company promoted its fuel cells as a solution for AI data centers struggling with grid bottlenecks. Volume spiked—12.9 million shares traded, blowing past the 50-day average of 4.1 million, according to MarketWatch.
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