Dell Boosts AI Server Forecast to $25B on Record Demand Growth
Dell boosts AI server shipment guidance to $25B as Q3 orders hit record $12.3B. Company raises full-year revenue outlook to $111.7B on strong data center demand.
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Saudi Arabia and Microsoft Make Major AI Moves Amid Market Caution
Saudi Arabia's Humain announces multi-gigawatt data center deals with US tech giants, while Microsoft invests $5B in Anthropic. Analysts warn on hyperscaler economics.
JPMorgan Downgrades CoreWeave to Neutral Amid Supply Chain Delays
JPMorgan cuts CoreWeave rating to Neutral and lowers price target to $110, citing supply chain issues that delay revenue despite strong bookings.
CoreWeave Lowers 2025 Revenue Outlook Amid AI Supply Constraints
CoreWeave Q3: $1.36B revenue, $55.6B backlog, margins drop to 4%. 2025 outlook cut to $5.05–$5.15B on supply delays, high AI demand.
Core Scientific and CoreWeave Merger Is Off: What Happened?
Core Scientific shareholders rejected the merger with AI company CoreWeave. The deal is terminated, but their business partnership continues.
Applied Digital Signs $5 Billion AI Lease with Major U.S. Hyperscaler in North Dakota
Applied Digital inks a $5 billion, 15-year deal with a top U.S. hyperscaler to provide 200 MW of AI data capacity at its new Polaris Forge 2 campus in North Dakota—boosting its total leased capacity to 600 MW.