Meta Platforms explores cloud computing venture to monetize artificial intelligence investments, intensifying competition with Amazon, Microsoft, and Google in the cloud market.
Chip-equipment stocks rallied with ASML at the forefront after Samsung and SK Hynix announced major investments in semiconductor manufacturing, fueling bullish sentiment…
BHP Group's $2.3 billion writedown on its Jansen potash project, driven by runaway costs and schedule overruns, rattled mining stocks and highlighted…
IREN’s $21.1 billion AI infrastructure funding gap highlights the billions required for Bitcoin miners to retrofit operations into data centers, signaling a…
Goldman Sachs projects AI capital spending will surpass analyst estimates next year, supporting a bullish outlook for US equities and reinforcing the…
Japanese toilet maker Toto boosts capital spending to capture rising demand for its advanced ceramics from AI chipmakers, signaling a strategic expansion…
Memory chip stocks rally as AI demand drives trillion-dollar capex question, but oversupply risks loom for Micron and semiconductor ETFs.
Imperial Oil says the Alberta oil pipeline will cost the sector $73 billion, a capital burden that may dampen oil sands investment…
IREN lands $3.6 billion in financing to buy Nvidia chips, boosting its AI capabilities and securing a large revenue stream for Nvidia.