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The Marked Chart Wire · Tech and AI
HotAI and chips
The AI firm plans to spend up to $567 billion on computing power and facilities. Caterpillar provides essential generators and construction machinery for these projects.
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HotMemory Demand
SanDisk CEO David Goeckeler stated that customers are securing long-term memory supply, with one major client returning for additional orders. He described the current demand pipeline as lasting through 2030.
HotAI Spending
Amazon shares fell 7 percent and Intel plunged 25 percent in premarket trading. Investors are concerned about the scale of artificial intelligence spending by major technology companies.
HotReddit
The social platform says Google's artificial intelligence tools reduced its traffic. It is now trialing a mandatory login feature for users.
AI and chips
Nvidia is considering providing billions of dollars in credit guarantees to support Nscale's data center project, which is being built for Anthropic, according to a report.
Leo
Andy Jassy stated that Amazon's Leo satellite internet service is expected to begin operations this year. He noted that most associated costs will impact the company's fourth-quarter financial results.
AI and chips
Nvidia is in discussions to provide Nscale with billions of dollars in credit guarantees to support debt financing for a 460-megawatt data center.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.