Nvidia's blowout earnings highlight a challenge in the AI age

shows demand for data centers in the age of artificial intelligence is insatiable. The challenge, according to experts, will be powering the boom.

“We're seeing a continued ramp-up of new facilities, existing facilities ramping-up their usage,” chief financial officer Dan Tucker told analysts earlier this month.“Historically a single data center typically had a demand of 30 megawatts or greater. However, we're now receiving individual requests for demand of 60 to 90 megawatts or greater, and it hasn't stopped there," Dominion CEO Robert Blue told analysts in May.

"The appeal of non-regulated nuclear, which is what Constellation owns, is that you could build a data center on the land at site and just directly hook into the data power plant there and take power," Neil Kalton, senior equity analyst at Wells Fargo, People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia earnings, crypto rally, new housing data: CatalystsOn today's episode of Catalysts, Co-Hosts Seana Smith and Madison Mills invite top experts and strategists to break down some of the market's (^DJI,^GSPC...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia earnings, FOMC minutes, housing data: What to watchYahoo Finance's Julie Hyman and Josh Lipton break down what to watch on Wednesday, May 22. Several companies are set to report their earnings, with Nvidia...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

China tariffs, Nvidia earnings, how to view Apple: Opening BidThe trade war with China has become a key talking point in the 2024 election, with President Joe Biden expected to increase tariffs on Chinese electric...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »