AMD's data center revenue should generate $4.1 billion in Q3, up from $3.5 billion in the prior year, while the company's client segment, which includes sales of CPUs for laptops and desktops, should see $2.6 billion, up 38% year over year. AMD's gaming division is expected to pull in $1.1 billion, up 139%.

OpenAI, Oracle, and Related Digital recently announced the development of a multi-billion dollar, 250-acre AI data center campus in Saline Township, Michigan, which is set to create thousands of jobs and use advanced closed-loop cooling and green energy solutions.

OpenAI and Oracle expand Stargate AI with a new Michigan data center, promising economic growth and sustainable tech.

In a significant move that has captured the attention of investors and tech enthusiasts alike, Amazon (AMZN) stock experienced a remarkable 5% jump on Monday morning. This surge followed the announcement of a monumental $38 billion deal with OpenAI (OPAI.

We recently published Top 10 Trending Stocks and ETFs as Analyst Predicts $9 Trillion Productivity Gains Due to AI. Oracle Corporation (NYSE:ORCL) is one of the top trending stocks. In a recent interview with CNBC’s David Faber,

Oracle Corporation (NYSE:ORCL) has become one of the most important companies in today’s AI race. The firm hosts and provides computing capacity for AI software firms.

OpenAI has sustained the ongoing AI mania to new heights, with AVGO likely to experience a drastic increase in its AI SAM to ~$146B by FY2027.

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.