Qualcomm Projects $15 Billion in Data Center Revenue by 2029, Meta Becomes Customer
Qualcomm announced its new AI data center CPU and projected $15 billion in data center revenue by fiscal 2029, revealing Meta as its first major customer for these chips.
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Utah Senate President Loses Republican Primary After Data Center Backlash
The upset of J. Stuart Adams represented one of the strongest examples of how the data center issue has affected elections.
By Jack Healy
Read full article →Qualcomm reveals Meta as first Big Tech customer for data centre chips
Announcement of deal along with higher revenue outlook boost shares as much as 15%
Read full article →Anthropic's latest hiring spree reveals where it's building AI data centers next
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
Read full article →Qualcomm’s stock is soaring as these big numbers excite Wall Street
Shares of Qualcomm soared on Wednesday after the company announced new revenue targets and a partership with Meta Platforms.
By Hannah Pedone
Read full article →Microsoft (MSFT) Project Kilby Agreement Highlights Data Center Power Demand, Stifel Says
Read full article →LiveOne expects $85M-$95M revenue and $8M-$10M EBITDA as it signals an accretive acquisition “imminently”
Read full article →Maryland Protests Data Center Costs
Maryland Protests Data Center Costs By Ethan Howland of UtilityDive A group of 80 Maryland state lawmakers are backing a complaint at the Federal Energy Regulatory Commission over the PJM Interconnection’s cost allocation for transmission lines that support data centers. Driven by the way PJM spreads transmission costs, Maryland ratepayers will pay $1.6 billion over the next decade for transmission projects that were approved in the grid operator’s last three regional transmi...
By Tyler Durden
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