Tag: data center

Explosion of power-hungry data centers could derail California clean energy goals

Near the Salton Sea, a company plans to build a data center to support artificial intelligence that would cover land the size...

Nvidia Surged Today — Is It Too Late to Buy the Artificial Intelligence (AI) Leader's Stock?

Nvidia (NASDAQ: NVDA) stock posted a big gain in Wednesday's trading session, up by 12.8% at the close, according to data from S&P...

Wall Street May Be Underestimating This Artificial Intelligence (AI) Stock: 2 Reasons Why You Should Consider Buying While It Remains Beaten-Down

Advanced Micro Devices (NASDAQ: AMD) hasn't received much love on Wall Street of late, which is evident from the 23% decline in the...

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s...