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Iren Limited Stock Surges Amid AI Infrastructure Growth

Iren Limited Stock Surges Amid AI Infrastructure Growth

Iren Limited Stock Surges Amid AI Infrastructure Growth

The Real Cost of AI Ambition Hidden Inside Google Earnings

The Real Cost of AI Ambition Hidden Inside Google Earnings

Beyond the impressive revenue figures in Google's earnings lies a staggering investment in AI, with hidden costs in infrastructure, talent, and energy.

Microsoft to fund Mistral's European AI expansion in multibillion-dollar deal

Microsoft to fund Mistral's European AI expansion in multibillion-dollar deal

By Jeffrey Dastin SAN FRANCISCO, July 21 (Reuters) - Microsoft has agreed to spend billions of dollars on Mistral's computing infrastructure in Europe under a deal that will also expand distribution of the French AI startup's technology through the U.S. cloud and software giant, the companies said

Jensen Huang's staggering $4 trillion bet shifts Nvidia

Jensen Huang's staggering $4 trillion bet shifts Nvidia

The warehouses of computer servers powering artificial intelligence are growing so fast that their electricity appetite is beginning to reshape household budgets. The CEO of the company supplying most of the hardware in those facilities just laid out a projection that makes the current ...

AI infrastructure stock surges after landing massive $2.8B win

AI infrastructure stock surges after landing massive $2.8B win

Some contract announcements move stocks. And then there are the ones that reframe an entire investment thesis. We saw the latter on a Monday, July 20. IREN Limited (IREN) was trading up more than 21% to $40.57 as of July 20 midday, according to Yahoo Finance. That’s after the Australia-based ...

Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift

Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift

Citigroup Declares 'Magnificent Seven' Obsolete in AI Stock Strategy Shift

“Cloud Is the AI Toll Road”: The Google Earnings Thesis to Watch

“Cloud Is the AI Toll Road”: The Google Earnings Thesis to Watch

As Alphabet prepares its earnings report, the key thesis is how its cloud division acts as a profitable 'toll road' for the AI boom.

How to Estimate Google’s AI Cost Pressure From Earnings Clues

How to Estimate Google’s AI Cost Pressure From Earnings Clues

A guide to analyzing Alphabet's earnings reports to understand the true cost and financial pressure of its massive investments in AI infrastructure.

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street pointed toward gains before the opening bell with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks

Super Micro Reports Higher Margins and Record Orders Following SpaceX Collaboration

Super Micro Reports Higher Margins and Record Orders Following SpaceX Collaboration

Super Micro Reports Higher Margins and Record Orders Following SpaceX Collaboration

Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?

Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?

By Toby Sterling and Nathan Vifflin AMSTERDAM, July 20 (Reuters) - The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to make them.

Could AI chip boom make ASML Europe's first trillion-dollar firm?

Could AI chip boom make ASML Europe's first trillion-dollar firm?

By Toby Sterling and Nathan Vifflin AMSTERDAM, July 20 (Reuters) - The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to make them.