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Trump announces $20 billion in new data centers
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Trump Touts New $20B Data Center Investment In US
President-election Donald Trump said billionaire DAMAC Properties’ Hussain Sajwani was “inspired” to make the investment by the results of the U.S. presidential election. The first phase of the project will take place in Texas,
1h
on MSN
Data Center Operator Digital Realty Is Now a Buy, Says UBS
Digital Realty shares rose 32% last year as demand for artificial intelligence capacity soared but data center space remained ...
The Lima News
1h
Pros and cons from the proposed American Township data center
AMERICAN TOWNSHIP — A proposed data center in American Township is receiving mixed reactions. On one hand, economic ...
Datacenter Dynamics
13h
The biggest data center stories of 2024
Keeping track of all that has happened in 2024 is a momentous task - at DCD alone, we've published just under 5,000 news ...
1d
Data Center Energy Demand Fueled Massive Gains For Utility Stocks In 2024
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity ...
Hosted on MSN
2h
Micron Stock Extends Rally On Pure Storage Partnership Amid Trump’s $20B US Data Center Push: Retail Bullish On Hyperscaler Ambitions
Shares of Micron Technology surged over 4% on Tuesday afternoon after the company announced new memory and storage products, ...
2h
Generational Shift—Data Centers Bring Change to Energy Landscape
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable ...
Bisnow
1d
What's Next For The AI Hype Cycle And The Data Center Boom? Industry Leaders Make 2025 Predictions
Big Tech hyperscalers like Amazon, Microsoft and Meta will expand development pipelines as they pursue gigawatt-scale ...
3h
on MSN
Nvidia's CFO says Blackwell chip shipments on track; sees growth for data center business
CFO Colette Kress said the company's new Blackwell chip shipments are on track, while separately noting that the new fiscal ...
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