Latest news with #dataCenter
Yahoo
18 hours ago
- Business
- Yahoo
HOCHTIEF to expand UK data network with sustainable centres
HOCHTIEF PPP Solutions is set to establish the HOCHTIEF Data Center Partner in the UK to build a comprehensive network of sustainable centres. The company's latest move comes as it aims to advance the rollout of its European data centre strategy and will now transfer its German model to the Irish and UK markets. This is aimed at addressing the increasing demand for cloud services and computing capacity. HOCHTIEF's new entity will be led by real-estate and technology expert Warren Taylor. As part of its broader strategy, the company will establish a pan-European network of EDGE data centres. In collaboration with Thomas-Krenn, HOCHTIEF has founded the joint venture (JV) Yorizon, which improves the company's YEXIO centres with hardware and the latest cloud computing solutions that support digital sovereignty. In 2025, the initial data centre is set to open in Heiligenhaus near Essen, Germany, with sites for four additional centres already secured. The YEXIO data centres focus on sustainable construction, energy efficiency, and local integration. They utilise liquid cooling systems, local renewable energy, and integrate into municipal heating networks. HOCHTIEF PPP Solutions management board member Bernd Holtwick said: 'These projects make a significant contribution to the digital transformation of small and medium-sized enterprises, to strengthening regional data processing capabilities, and to achieving modern urban development and climate goals.' The company and Palladio Partners have signed a land purchase agreement for a YEXIO data centre in Dorfen, near Munich. The facility, covering around 7,500m², will provide computing capacity for regional companies and focus on sustainable operations. Construction is scheduled to begin in early 2026, with commissioning expected by mid-2027. Prior to this development, HOCHTIEF, in partnership with cloud solutions provider IONOS Group, expressed interest in constructing and operating an AI 'Gigafactory' in Europe. "HOCHTIEF to expand UK data network with sustainable centres" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Globe and Mail
19 hours ago
- Business
- Globe and Mail
Broadcom's Semiconductor Solutions Accelerate: What Lies Ahead?
Broadcom 's AVGO semiconductor solutions segment is gaining momentum. In the second quarter of fiscal 2025, semiconductor revenues surged to $8.4 billion, up 17% year over year, driven by its booming AI-semiconductor business, which jumped 46% to $4.4 billion. This marks nine consecutive quarters of strong AI chip growth, positioning the company as a key player in next-generation AI infrastructure through custom silicon and networking chips. Strong demand for Broadcom's high-value offerings is translating into healthier margins. The semiconductor solutions segment's gross margin rose to 69%, up 140 basis points (bps) year over year, while its operating margin reached 57%, an expansion of 200 bps. These results highlight the strength of the company's product mix, especially in custom AI silicon and advanced networking chips. Much of the growth is being driven by hyperscale customers, who rely on Broadcom's custom ASICs and Ethernet-based networking solutions to scale AI workloads. Remarkably, the company's new Tomahawk 6 Ethernet switch and AI-optimized ASICs/XPUs have gained early traction across top data center clients. Broadcom expects third-quarter fiscal 2025 AI-semiconductor revenues of $5.1 billion. Broadcom Faces Stiff Competition Broadcom is facing stiff competition from the likes of Advanced Micro Devices AMD and NVIDIA NVDA. AMD is becoming a strong competitor to Broadcom in the AI and data center chip market with its high-performance EPYC CPUs and Instinct GPUs. AMD's acquisition of Xilinx expanded its reach into embedded markets, adding FPGAs, Adaptive SoCs and ACAP products to its portfolio, boosting its versatility in AI and computing applications. NVIDIA dominates the semiconductor industry through its leadership in GPUs for AI, machine learning and high-performance computing. NVIDIA's new Blackwell chip series strengthens this position, as major cloud providers increasingly rely on NVIDIA GPUs for AI training and inference. NVIDIA holds a key edge with its CUDA software platform and proprietary AI models. AVGO's Price Performance, Valuation & Estimates Shares of Broadcom have returned 16.5% year to date compared with the Zacks Electronics - Semiconductors industry's growth of 11.2%. Image Source: Zacks Investment Research From a valuation perspective, AVGO appears overvalued, trading at a forward price-to-sales ratio of 17.91X, higher than the industry average of 8.53X. The company carries a Value Score of D. Image Source: Zacks Investment Research The Zacks Consensus Estimate for AVGO's fiscal 2025 and fiscal 2026 earnings implies year-over-year growth of 36.14% and 24.56%, respectively. The earnings estimates for fiscal 2025 and fiscal 2026 have been revised upward in the past 30 days. AVGO stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report
Yahoo
a day ago
- Business
- Yahoo
Why Equinix Stock Was Swooning This Week
An important profitability metric for REITs won't look as shiny over the next few years, the company revealed. Both investors and analysts alike reacted negatively to that news. 10 stocks we like better than Equinix › The data center industry is standing in front of major expansion due to the unbending popularity of artificial intelligence (AI). Despite that, top sector name Equinix (NASDAQ: EQIX) has been having a rough few days on the stock exchange of late, especially following its analyst day event on Wednesday. All told, according to data compiled by S&P Global Market Intelligence, week-to-date as of Thursday night, the company's share price was down by almost 16%. No investor likes to hear that one of their investments might experience a slump in its growth rates. Yet that's exactly what happened with Equinix; on analyst day, it proffered guidance for its adjusted funds from operations (AFFO), the key profitability line item for real estate investment trusts (REITs) like itself. Management is forecasting 5% to 9% annual growth from 2025 through 2029. The No. 1 reason for this is that the heavy demand for artificial intelligence (AI) capabilities requires significant expansion in data center capacity. So, a company like Equinix that specializes in such facilities is essentially forced to spend now to reap the benefits later. Regardless, analysts didn't hesitate to become more bearish on the company. In fact, several institutions (such as Raymond James and BMO Capital Markets) downgraded their recommendations on the stock. Personally, I don't think that's fair. Intensifying capital expenditure requirements are entirely justified, given that so many developers and end users want robust AI functionality as soon as humanly possible, without bottlenecks. It's data center operators like Equinix that have to pay up front for this, at least at the current stage. This stock's double-digit dip is, therefore, a good opportunity to buy a good company cheaply, in my view. Yes, profitability will be dinged for a while, but I think Equinix has great potential for patient investors who are willing to wait it out over the long term. Before you buy stock in Equinix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Equinix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Equinix. The Motley Fool has a disclosure policy. Why Equinix Stock Was Swooning This Week was originally published by The Motley Fool Sign in to access your portfolio
The Standard
a day ago
- Business
- The Standard
Future Stars Shine at Ng Yuk Secondary School's Sports & Arts Award Selection
Data center demand to push US power use to record highs in 2025, '26, EIA says
Bloomberg
2 days ago
- Business
- Bloomberg
S&P 500 on the Brink of Record High
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Nvidia to extend gains after closing at record while Micron outlook fails to fuel further rally. Analysts are focusing on high-bandwidth memory, one of the major components of the data center expansion. PayPal CEO Alex Chriss discusses PayPal's new partnership with colleges for athlete payments. (Source: Bloomberg)
