Data Center

Qualcomm unveiled its Dragonfly C1000 data center CPU built for agentic AI workloads, with Meta confirmed as its first Big Tech customer starting production in 2028.

SpaceX will supply AI startup Reflection with computing power at $150 million per month starting July 2026, in a deal worth up to $6.3 billion.

A Google AI infrastructure project delay contributed to a semiconductor sell-off, though analysts say the broader AI data center expansion remains on schedule.

Applied Digital secured a $7.5 billion long-term lease with an unnamed US hyperscaler for its new Delta Forge 1 AI data center site.

The world's largest data center project, backed by Trump allies and bearing his name, faces serious logistical hurdles that threaten to derail the initiative.

Alibaba and China Telecom unveiled a new AI data center in China featuring 10,000 of Alibaba's self-developed Zhenwu semiconductors for training and inferencing.

Nvidia-backed Firmus Technologies raises $505 million in a Coatue-led round, valuing the Australian AI data center builder at $5.5 billion.

Nebius announced plans to build one of Europe's largest AI data centers in Finland with a $10 billion investment to meet surging compute demand.

Following the launch of its Language Processing Unit chip at GTC 2026, NVIDIA updated its data center product roadmap to include three generations of GPU, LPU, and CPU hardware through 2028, including the Groq 3 LPX, Rubin Ultra, and Feynman platforms, cementing an annual release cadence for AI infrastructure.

Meta has announced a major expansion of its custom MTIA silicon program, reducing reliance on third-party chips and powering its growing AI infrastructure including recommendation systems and generative AI.

OpenAI and Oracle have scrapped plans to expand their Abilene, Texas Stargate AI data center from 1.2 GW to 2.0 GW after financing negotiations collapsed and reliability issues emerged, with Nvidia helping attract Meta as a potential replacement tenant.

Meta and AMD announced a major expansion of their strategic partnership, committing to deploy 6 gigawatts of AMD GPU infrastructure for AI workloads, diversifying Meta's compute stack just days after pledging millions of Nvidia GPUs.

Nvidia reported record Q4 FY2026 revenue of $68.1 billion, up 73% year-over-year, while announcing Vera Rubin AI GPU samples have been delivered to customers and Q1 guidance of $78 billion exceeded all expectations.

Nvidia reported record fiscal Q4 revenue of $68.1 billion, beating Wall Street estimates, with data center revenue up 75% year-over-year. The company guided Q1 revenue to $78 billion, signaling sustained AI infrastructure demand.

Nvidia reports fiscal Q4 2026 results after market close on February 25, with analysts projecting $66B in revenue and $1.53 EPS, while investors weigh hyperscaler capex commitments against competitive chip threats.

Andhra Pradesh announces ambitious AI data city spanning 100km radius in Visakhapatnam, securing major investments from Google, Microsoft, and Reliance to narrow AI gap with US and China.

Meta officially announces $10B+ investment in Lebanon, Indiana data center with 1GW capacity, creating 4,000 construction jobs and 300 permanent roles.

Cisco launches breakthrough G300 switch silicon delivering 102.4 Tbps capacity for AI clusters, achieving 28% faster job completion and 33% network efficiency gains.

Rising demand for AI is causing a global shortage of DRAM and NAND storage, with prices expected to increase by over 50%, potentially forcing enterprises to postpone on-premise AI deployments.

Oracle announces massive AI infrastructure investment in New Mexico with 4,000 construction jobs and 1,500 permanent positions, supporting OpenAI operations.