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.
Jim Cramer advises investors not to be driven out of the stock market by recent negative news, including a hotter-than-expected inflation report and Nvidia's CEO scandal. He highlights potential positive catalysts such as falling oil prices due to ho...
CoreWeave reported a 168% increase in revenue to $3.66 billion for Q3, beating expectations amid a challenging AI infrastructure market. Despite a net loss of $709 million, the company raised its 2026 revenue and operating income forecasts, signaling...
Nvidia's stock has fallen about 26% in the past month, underperforming its tech peers due to concerns over valuation and the loss of the 'Jensen premium.' The forward price-to-earnings ratio has compressed to 19.2x, below sector and historical averag...
Bernstein Liebhard LLP announced a class action lawsuit against NVIDIA Corporation for allegedly making false and misleading statements about its business and financial health between November 2025 and November 2026. The lawsuit claims NVIDIA's stock...
Anthropic plans to raise up to $64.4 billion in its IPO with shares priced between $70 and $78, implying a valuation near $1 trillion at the high end. Combined with a private placement, the total deal could reach $90.4 billion, surpassing SpaceX's re...
