Meta and Microsoft are leading tech companies investing heavily in AI data-center leases, with total commitments exceeding $850 billion. Meta's future lease obligations surged 76% to $182.9 billion, reflecting CEO Mark Zuckerberg's plan to invest hundreds of billions in AI infrastructure. Microsoft's commitments rose by $41 billion to $196.6 billion, despite earlier leasing slowdowns. These long-term investments highlight the tech industry's focus on expanding server capacity to support growing AI demands over the next two decades.
In mid-2026, key AI platform stocks NVIDIA, Amazon, and Meta have pulled back despite strong revenue growth and strategic investments. NVIDIA trades 27% below its 52-week high with robust data center revenue and a large share buyback plan. Amazon sho...
Qualcomm's stock rose sharply after announcing a multi-generation data center CPU deal with Meta Platforms, marking Meta as its first data center customer. The chipmaker also raised its fiscal 2029 non-handset revenue target to $40 billion, with data...
Meta Platforms reported a strong 33% year-over-year revenue increase and a 61% rise in net income. Despite this, the stock declined due to the company raising its capital expenditure guidance for 2026 to $125–$145 billion, which pressures near-term c...
Micron reported a record gross margin of 84.9% in its latest quarterly earnings, more than doubling from 39% a year ago and surpassing major tech companies like Nvidia and Meta. This surge is driven by strong demand for memory chips, especially from ...
Qualcomm announced its new Dragonfly C1000 CPU designed for data centers, optimized for agentic AI with high performance and low power use. Meta plans to use this chip when it begins production in 2028. Qualcomm aims to expand aggressively into the g...
