US data center power demand to reach 207 GW by 2033, says study
US data center demand in 2025 was almost 50 GW, Bloomberg NEF said, and it’s on pace to more than double over five years...
Tag : AI Boom
Rio Tinto posts highest H1 earnings in four years as AI boom lifts copper revenue
The world's largest iron ore miner is now deriving around 56% of its profit from copper and aluminium combined, turbocharged by the AI boom...
ASML’s retention challenge: Chip boom leaves semiconductor firms short of talents
ASML has confirmed its plans of offering eligible staff a bonus worth 20,000 euro, roughly USD 22,838, if they stay with the company between 2027 and 2030...
IF Insights: Why IBM’s stock market crash wasn’t really surprising
Anthropic has already shown that its tools could modernise COBOL, the ageing programming language that runs on IBM mainframes...
RAMageddon: The memory crisis crushing consumer electronics
The chip shortage has resulted in the global smartphone shipments going down 11% in the Q2 2026, marking their weakest April–June performance since 2013...
NextEra Energy, Dominion merger to create third-largest American utility company
The USD 66.8 billion deal will form one of the world's largest electric utilities, that will address the power requirements of the data centers...