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AMD locked in more than $14 billion of 15-year data center leases with Core Scientific, securing power for the Helios AI racks it begins shipping this year. Key Points: Core Scientific will deliver roughly 530 megawatts across five U.S. campuses under 15-year terms AMD holds reservation rights on ne

Nvidia CEO Jensen Huang expects AI data center construction to lift electricians and plumbers into six-figure salaries as the U.S. races to add 130,000 electricians by 2030. Key Points: Huang says data center demand is pushing trades wages toward six figures, with pay in some fields nearly doubling.

Nvidia shares closed down nearly 5% Monday after reports that the chipmaker may guarantee $250 billion in financing for an OpenAI data center in Ohio. Key Points: Nvidia closed at $196.51, down 4.99%, and slipped behind Apple in market value. Credit default swaps on Nvidia bonds posted their sharpes

OpenAI is negotiating with Nvidia over a backstop worth up to $250 billion that would underpin debt for a giant Ohio data center campus. Key Points: Nvidia is in talks to guarantee as much as $250 billion of financing tied to a 10-gigawatt data center campus in Pike County, Ohio. The guarantee would

Apple passed Nvidia at Monday's market close to reclaim the title of world's most Valuable Company, ending roughly 12 months of dominance by the AI chip giant. The iPhone maker's market capitalization edged above Nvidia's as Wall Street's broader AI trade showed signs of fatigue. Apple's earnings c