Tag: Data Centers

Texas Picks a Governor Who Wants to Pause AI Data Centers, AP Says

The AP called Texas for Gina Hinojosa, who ran on pausing new data centers, while the CNBC Voter Poll found 56% of voters called data centers a crucial or major factor. Dozens of local measures also lean

Marvell Agrees to Buy Lumentum for $115 Billion in a Bet That AI Data Centers Will Run on Light

Marvell will buy optical laser maker Lumentum in an all-stock deal it values at $115 billion, betting that AI data centers are about to move from copper to light. The deal will not close until 2028, and

OpenAI Reportedly Wants to Rename Data Centers AI Compute Campuses After the Midterms

Axios reports OpenAI will launch a policy and PR blitz right after Tuesday's midterms, including a push to call its data centers AI compute campuses. Chris Lehane says AI will be the issue in 2028.

Judge Tells xAI Its Gas Turbines Are Not Mobile and the NAACP Suit Rolls On

A federal judge in Mississippi refused to dismiss the NAACP Clean Air Act suit over the gas turbines powering xAI data centers, rejecting the claim that the turbines are mobile. It is a ruling that the c

Intel Blames the AI Memory Crunch as Its Stock Sinks as Much as 29%

Intel shares fell as much as 29% Friday after a weak fourth-quarter forecast, and the company points to AI-driven memory prices squeezing PC demand. Its data center business grew 78% and still could not

Foxconn Says It Is Booked Out for 18 Months and Eyes Half the AI Server Market

Foxconn Chairman Young Liu told CNBC the company holds roughly 40% of the AI server market by its own estimate and hopes to reach 50% within a couple of years. In the same interview he warned that overin

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