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What Oklo (OKLO)'s Role in Federally Backed AI Data Center Nuclear Project Means For Shareholders
Simply Wall St.27d agobullish
What Oklo (OKLO)'s Role in Federally Backed AI Data Center Nuclear Project Means For Shareholders

Earlier this week, the Trump administration selected Oklo and X-energy to participate in a US$200 million federal initiative to fast-track advanced nuclear reactors for powering AI data centers, alongside technology partners such as Microsoft and Nvidia, with support routed through the Department of Energy and national laboratories. This move places Oklo at the center of a federally backed effort to link next-generation nuclear power with AI infrastructure, potentially influencing how...

Nvidia supplier Wistron launches $700 million Texas factory for AI system production
Reuters27d agoneutral
Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million ‌manufacturing facility in Texas on Tuesday to ‌produce the U.S. chipmaker's latest AI systems, as Taiwanese electronics ​makers expand U.S. production to meet soaring demand for AI infrastructure. • The Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell ‌Ultra Superchip. Nvidia ⁠CEO Jensen Huang has described the AI system built around the product as "the ⁠most powerful AI supercomputer in the world."

AMD stock gets a new reason to watch from Bank of America
TheStreet27d agoneutral
AMD stock gets a new reason to watch from Bank of America

Advanced Micro Devices (AMD) stock jumped more than 7% Tuesday, July 21, as investors cheered the chipmaker's latest AI infrastructure push and looked ahead to its key AI event. On Monday, July 20, AMD introduced Helios, its first rack-scale AI system, which is expected to begin shipping later this ...