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Donald Trump Shouted Out Intel, Then Dell, Then Micron: Look At His Own Stock Filings To See Who May Get The Next Shoutout
Benzinga79d agoneutral
Donald Trump Shouted Out Intel, Then Dell, Then Micron: Look At His Own Stock Filings To See Who May Get The Next Shoutout

President Donald Trump has developed a habit of publicly boosting individual companies, and his recent ethics filings show that in at least two cases, he bought in shortly before a boost, once from his own praise, once from a favorable policy decision. A government equity stake helped send Intel Corporation (NASDAQ:INTC) up roughly 190% this year, and the White House said on May 18 that the position, acquired for $8.9 billion, had swelled past $50 billion. Trump then called Micron Technology (NA

IREN Secures Blackwell Firepower To Feed Booming AI Cloud Demand
Benzinga79d agoneutral
IREN Secures Blackwell Firepower To Feed Booming AI Cloud Demand

IREN Limited (NASDAQ:IREN) said Tuesday it signed a purchase agreement with Dell Technologies Inc. (NYSE:DELL) for NVIDIA Corp. (NASDAQ:NVDA) air-cooled Blackwell systems to support its previously announced five-year, $3.4 billion managed-services AI cloud contract. IREN Expands AI Infrastructure With Dell Blackwell Deal The deployment will take place at IREN's existing data centers in Childress, Texas, with commissioning expected in early 2027. The company said the expansion is designed to acce

IREN’s US$1.6b Blackwell Bet Tests Power Advantage In AI Buildout
Simply Wall St.79d agoneutral
IREN’s US$1.6b Blackwell Bet Tests Power Advantage In AI Buildout

IREN (NasdaqGS:IREN) agreed to purchase $1.6 billion of Nvidia Blackwell systems from Dell to power its AI data centers in Texas. The company plans to use this hardware to serve previously announced AI cloud contracts at its existing Texas campus. Management has highlighted power grid constraints as a key risk for new AI data centers, with many projects facing multi year delays. IREN points to its pre secured power infrastructure as a key factor in being able to deploy new AI compute...

IREN to buy Blackwell systems from Dell for about $1.6 billion
Reuters79d agobullish
IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled ‌Blackwell systems from Dell for about $1.6 billion, as it ‌aims to bring more capacity online to keep up with soaring ​AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems ‌will be set ⁠up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ⁠ready by early 2027.

Trump Said “Micron’s Great” On May 22. The Stock Is Up 20% Today.
24/7 Wall St.80d agoneutral
Trump Said “Micron’s Great” On May 22. The Stock Is Up 20% Today.

On Friday May 22, President Trump publicly praised Micron Technology (NASDAQ:MU) with three words: “Micron is great.” Today Micron stock is up 20%, trading around the $902 area and pushing the company’s market capitalization above $1 trillion. The timing is striking. However, the honest read on today’s rally points elsewhere for the catalyst. The proximate ... Trump Said “Micron’s Great” On May 22. The Stock Is Up 20% Today.