Latest news with #dataCenters

Al Arabiya
3 hours ago
- Business
- Al Arabiya
Meta seeks $29 billion from private capital firms for AI data centers: Report
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the US, the Financial Times reported on Friday. The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR , Brookfield , Carlyle and PIMCO, the report said, citing people familiar with the matter. Meta is looking to raise $3 billion in equity and $26 billion in debt, the report said, adding that the company is debating how to structure the debt raising and may also seek to raise more capital. Such a fundraising comes at a time when Meta has doubled down its commitment to artificial intelligence, including a $14.8 billion investment in startup Scale AI. Meta CEO Mark Zuckerberg had said in January the company would spend as much as $65 billion this year to expand its AI infrastructure, seeking to strengthen its position against competitors OpenAI and Google in the race to lead the AI technology landscape. Meta and Carlyle declined to comment, while Apollo Global, KKR, Brookfield and PIMCO did not immediately respond to Reuters' requests for comment. Meta was working with its advisers at Morgan Stanley to arrange the financing, and it was considering ways that could make the debt more easily tradeable once it was issued, the FT report said. Major tech companies are investing heavily to secure the vast computing power needed to run AI models, fueling demand for specialized data centers that link thousands of chips into high-performance clusters. Microsoft has planned a capital expenditure of $80 billion in fiscal 2025, with most of it aimed at expanding data centers to ease capacity bottlenecks for AI services. Bloomberg News reported in February that Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta to help develop data centers in the United States.
Yahoo
8 hours ago
- Business
- Yahoo
Johnson Controls International (JCI) Outperformed in 2025 Amid Rising Demand for Energy Efficiency
Johnson Controls International plc (NYSE:JCI) is one of the Best Dividend Stocks of 2025. A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. The company raised its profit outlook for 2025 after surpassing expectations in the second quarter, thanks to continued strong demand from data centers for its building and industrial solutions. With the global surge in artificial intelligence investment, data centers have seen a sharp rise in activity. Johnson Controls International plc (NYSE:JCI), which supplies liquid cooling systems for IT equipment as well as advanced security and fire protection systems, has been one of the beneficiaries of this trend. Headquartered in Cork, Ireland, Johnson Controls International plc (NYSE:JCI) now anticipates adjusted earnings of $3.60 per share for 2025, marking the upper end of its earlier guidance range of $3.50 to $3.60. For the second quarter, the company posted an adjusted profit of 82 cents per share, ahead of the 79 cents per share forecasted by analysts, according to data from LSEG. Johnson Controls International plc (NYSE:JCI) has been making regular dividend payments to shareholders for the past 137 years and currently offers a quarterly dividend of $0.37 per share. The stock offers a dividend yield of 1.42%, as of June 26. JCI is up by 31% in 2025 so far. While we acknowledge the potential of JCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.


CNA
17 hours ago
- Business
- CNA
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the Financial Times reported on Friday.


Reuters
17 hours ago
- Business
- Reuters
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
June 27 (Reuters) - Meta Platforms (META.O), opens new tab is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the Financial Times reported on Friday.


Globe and Mail
18 hours ago
- Business
- Globe and Mail
3 Semiconductor Stocks Poised to Surge on AI Spending
It's been a roller coaster year for semiconductor stocks. Many of the biggest names, like NVIDIA Corp. (NASDAQ: NVDA), were on a tear heading into the year on plans for a massive data center buildout to support the needs of artificial intelligence (AI). That hope turned to concern in January when China's DeepSeek large language model was released. This played into the bearish argument that hyperscalers (i.e., companies that require large-scale data centers to accommodate a wide range of cloud computing and data management services) would cut back on their infrastructure spending. However, the first quarter earnings season disproved that assumption. If anything, companies such as Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) are increasing their infrastructure spending. Questions linger about the possibility of an infrastructure glut at some point in the future. But a market can't be oversupplied without the initial buildout. That's still taking place, and here are three semiconductor stocks that are well-positioned to grow significantly as revenue and earnings increase. Breaking Through the Data Movement Bottleneck Marvell Technology Inc. (NASDAQ: MRVL) makes application-specific integrated circuits (ASICs) that allow data to flow swiftly from one GPU to another. These ASICs are especially important in data center applications where the speed of data flow is paramount. Marvell takes this one step further because it provides custom ASICs for companies like Amazon and Microsoft that make their own AI chips but still need to outsource certain elements. The company's business is not going to garner the headlines that NVIDIA or AMD generate. But its products are every bit as essential to the growing demand for AI infrastructure. The company's data center contracts are important to stock price growth because it's a high-margin business. That's important as some lower margin aspects of the company's business are slowing down. MRVL stock is up 23% since it released its first-quarter earnings report for fiscal year 2026 in late May. It's still trading approximately 30% below the consensus analysts' price target of $96.33. Broadcom Is Paving the AI Infrastructure Highway Broadcom Inc. (NASDAQ: AVGO) is another semiconductor-adjacent play related to AI and cloud infrastructure. In fact, Broadcom is less focused on the cloud sector, but it is essential to AI infrastructure. Broadcom provides the highways allowing companies like Marvell to move data in a data center configuration. Specifically, Broadcom makes connectivity switches that allow GPUs to operate independently of one another. It also makes custom AI accelerators known as XPUs. These can outperform GPUs in some applications but should be thought of as complementary parts of an AI stack. Like most technology stocks, AVGO stock dropped sharply in the first quarter of the year. However, the stock has made up for that loss and more. In fact, it's trading at an all-time high (ATH), and analysts still see more upside ahead. What's particularly impressive about that is that the stock was at an all-time high before its earnings report, when it seemed priced for perfection. The stock dropped when the company's numbers were not as high as hoped, but it's since recovered and moved to a new high. AMD Is Starting to Close the Gap With NVIDIA In the initial data center buildout, NVIDIA has been the central focus for GPU developments, and rightfully so. Soon after launching its Hopper chip, the company also unveiled Blackwell. The company gobbled up market share and still has a commanding lead. But if investors are looking for a name that may close this gap its Advanced Micro Devices (NASDAQ: AMD). While it's presumptuous to suggest this will be a tortoise versus hare situation. AMD's slow and steady approach to its GPU development appears to be taking shape. The company recently launched its Instinct MI325X accelerator, which has a memory capacity larger than that of the NVIDIA H100 chip and is well-suited for large-language models (LLMs). This is an important release for AMD as it tries to capture NVIDIA's data center market share. Investors are taking notice, sending AMD stock more than 24% higher in the last 30 days. Analysts are also raising their price targets, which suggests more upside, particularly after the company's upcoming earnings in late July. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...