TeraWulf Targets $3.5 Billion Debt Raise to Build Massive AI Data Center for Anthropic
TeraWulf is targeting $3.5B in leveraged loans to fund its Justified Data AI campus in Kentucky, fully leased to Anthropic under a $19 billion, 20-year agreement.
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MARA Holdings Acquires Massive 1.2 GW Powered Site in Texas for AI and Bitcoin Mining
The acquisition more than doubles MARA’s total power capacity to ~4.8 GW for AI computing and Bitcoin mining.
Paramount-Warner Bros. Merger Hits New Delays Amid Mounting Legal Challenges
Oregon AG investigation and multiple state lawsuits push the deadline to July 22, with a ticking fee looming.
PepsiCo Q2 Revenue Beats Expectations, But Shares Slide on Consumer Caution and North America Weakness
High gas prices cut snack buying. PepsiCo still grew, helped by global sales, but U.S. demand slowed and shares fell.
Micron to Invest $250 Billion in U.S. by 2035, Targeting 40% Domestic DRAM Production
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Aehr Test Systems Soars After Major Follow-On Silicon Photonics Order
Aehr Test Systems secures additional automated wafer-level burn-in system order from its top silicon photonics client.