NVIDIA CEO Jensen Huang dismissed concerns about data center water use as a myth and claimed data centers actually reduce energy bills. However, some homeowners near AI data centers report sharp spikes in utility costs. Huang acknowledged older facilities use more water but highlighted newer, efficient cooling technologies. NVIDIA is rapidly expanding AI infrastructure, with power demand growing significantly, and is working to raise over $500 billion for further buildout. Investors should watch how utilities adjust rates for large data centers as demand surges.
Nvidia's stock price rose by 2.14% to USD 229.89 on Pluang, reflecting investor interest amid the company's rapid AI infrastructure expansion. The stock's market cap stands at $5.43 trillion, highlighting its significant role in the technology sector. These figures are current as of Sep 28, 2026 22:31 WIB.
CoreWeave stock dropped nearly 12% amid a tech sell-off driven by inflation and interest rate worries, with insiders selling over $5 billion in shares in the past year. The company faces scrutiny over its debt-funded AI infrastructure expansion, with...
Recent market trends show investors moving away from AI and growth stocks, especially semiconductors like NVDA and AVGO, toward value and defensive sectors such as consumer staples. Despite a broad decline in major tech stocks, Apple has remained res...
TSMC, a leading semiconductor manufacturer, reports that demand for AI chips remains significantly higher than its current production capacity. This persistent supply shortage highlights the booming growth in AI technology and the critical role of ch...
Martin Shkreli highlighted three private startups—Neurofos, Opticore, and Lumi—that are developing photonic chips capable of performing AI calculations at the speed of light, potentially outperforming Nvidia's current technology. These chips use ligh...
Taiwan announced plans to criminalize the shipment of AI servers and advanced semiconductors to China by adding these items to its controlled goods list under the Foreign Trade Act. This move aligns Taiwan's regulations with U.S. trade policies and a...
