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The Marked Chart Wire · Tech and AI
AI Spending
Dan Ives estimates that 5 to 10 percent of planned US data centers could be canceled due to political opposition. He warns semiconductor stocks may drop another 10 to 12 percent before stabilizing.
Part of a series: AI Spending: the latest, in order
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HotAI Spending
A report claims Microsoft faces a $5 billion shortfall in AI spending. Satellite imagery is said to indicate construction setbacks at IREN facilities.
AI Spending
Alex Schultz, Meta's chief data officer, stated that AI productivity is essential to support an aging population. He noted that fewer than half of his team currently use AI effectively, while the company plans to raise $95 billion for AI spending.
HotAI Spending
The company reduced the daily AI allowance for certain employees from $300 to $200 in an effort to cut internal expenses.
HotAI Infrastructure
JPMorgan notes that tighter supply benefits cash-rich hyperscalers like Microsoft and Amazon, while debt-funded rivals like CoreWeave face rising costs. CoreWeave's five-year CDS spread exceeded 1,100 basis points, signaling elevated credit risk.
HotMicron
Micron has reportedly halted construction of a $3 billion to $4.5 billion memory facility in Taiwan due to a union conflict. The pause could delay high-bandwidth memory production, though current operations remain unaffected.
Quantinuum
Quantinuum outlined plans to expand its Nexus software, which supports over 200 organizations, to prepare for its Apollo system. The company is also partnering with Oracle to connect quantum processors to cloud infrastructure.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.