We’re raising our price targets on 3 picks and shovel data center buildout stocks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time…
Tag: Buildout
Nvidia’s Jensen Huang says $660 billion capex buildout is sustainable
The tech industry’s surging capital expenditures for AI infrastructure are justified, appropriate and sustainable, Nvidia CEO Jensen Huang said Friday…
Amazon Boosts Spending Far Ahead of Estimates on AI Build-Out
Amazon.com Inc. said it plans to spend billions more than expected on data centers, chips and other equipment, fueling investor…
Has the UK’s AI infrastructure buildout been a success?
QTS’s data center in Cambois, North East of England When the U.K. announced its AI Opportunities Action Plan — a…
Tesla Robotaxi, Ionna Charging Network Buildout, and the Jeep Wrangler Whitecap
The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to…
MongoDB, Credo stocks soar by double digits as AI build-out drives strong results
With nearly all S&P 500 (^GSPC) companies’ third quarter earnings reports logged, the index is tracking for an earnings growth…
Report: Korean Fintech Giant Kakaobank Begins Full Stablecoin Buildout
Kakaobank has kicked its long-discussed stablecoin ambitions into full gear, moving its Korean won–pegged token project from boardroom chatter to…
Anthropic to spend $50 billion on US data center buildout
Anthropic (ANTH.PVT) on Wednesday announced it will spend $50 billion to build out AI data centers in Texas and New…
NTT Data Eyes Saudi Data Center Buildout to Capture AI Momentum
NTT Data Group is considering building data centers in Saudi Arabia as the Japanese firm looks to capitalize on fresh…
America’s industrial giants are getting a boost from the AI build-out that remains in its ‘early stages’
AI euphoria has driven the stock market to record highs this year. But investor enthusiasm has not been isolated to…