AI Data Center

Applied Digit

2026-10-02 12:12:18

Applied Digital adds 75 MW at Polaris Forge 1, lifting live IT load to 250 MW

Applied Digital said Phase 2 of Building 2 at its Polaris Forge 1 campus has reached Ready for Service, adding 75 MW of critical IT load through three 25 MW data halls. That brings Building 2 to its full 150 MW in service and raises the campus’ live critical IT load to 250 MW. The company described Polaris Forge 1 as a fully leased AI Factory campus and said existing contracts point to 400 MW of critical IT load once the site is fully built out. Applied Digital still operates blockchain data center hosting for Bitcoin and crypto mining companies, but said its growth focus and capital allocation have shifted toward high-performance computing, or HPC, and AI data centers.

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Bitdeer

2026-09-30 01:28:51

Bitdeer says over 70% of capacity at Malaysia AI data center has been committed

Bitdeer said more than 70% of the capacity at its 21.7MW A201 AI data center in Johor, Malaysia, has already been committed. The company said the related contracts are expected to generate more than $1.7 billion in revenue over the next five years. Based on that progress, Bitdeer said signed revenue backlog for its AI Cloud business has risen to about $2.9 billion. The facility is scheduled to be energized in the first quarter of 2027. Bitdeer said the site will mainly deploy NVIDIA GB300 NVL72 liquid-cooled systems, while reserving part of the space for the next-generation Vera Rubin platform. The company also said AI projects currently under discussion exceed $10 billion in size.

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Micron

2026-09-29 09:51:10

JPMorgan Keeps Overweight on Micron, Sets $1,540 Price Target Ahead of Earnings

Micron is scheduled to report fiscal fourth-quarter 2026 results on Sept. 30 for the period ended in August, and JPMorgan says the setup still points to upside. In its latest note, the bank kept an Overweight rating on the company and set a $1,540 price target, versus Micron’s $1,082.28 share price on Sept. 25. JPMorgan expects revenue, gross margin and EPS for the quarter to come in above consensus, with next-quarter guidance also likely to move higher. The bank’s thesis goes beyond another earnings beat. It argues that tight supply conditions across HBM, DRAM and NAND may last longer than the market had expected, while Micron is using long-term supply agreements to lock in a larger share of future demand. JPMorgan estimates DRAM and NAND ASPs each rose about 20% sequentially this quarter, and says the HBM market could remain undersupplied through 2028. It also believes Micron’s supply commitment agreements may now cover more than 35% of DRAM and NAND bit production, with a path to more than 50%. JPMorgan also highlighted Dec. 9, 2026, when Micron is set to begin gradually returning 100% of excess cash to shareholders under its commitments, primarily through buybacks. With free cash flow rising, the bank sees capital returns as a potential new valuation driver alongside pricing and HBM demand.

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Nvidia

2026-09-29 08:37:13

Nvidia Spectrum-X CPO switch ramp moves ahead of expectations, with Boruowei, BizLink and Lumentum seen as beneficiaries

GF Securities Managing Director Jeff Pu said in a new CPO industry report that Nvidia’s Spectrum-X CPO switch is moving into scale-out mass production faster than the market had expected, after yield improvements at key component suppliers removed a major bottleneck. The report laid out a shipment forecast that starts at roughly 15,000 units in the fourth quarter of 2026, rises to 16,000 in the first quarter of 2027 and 30,000 in the second quarter, and reaches 100,000 units for full-year 2027. It argues that this trajectory points to faster-than-expected CPO adoption in AI training cluster scale-out networking. The report named Taiwanese suppliers Boruowei and BizLink-KY, along with U.S.-listed Lumentum, as direct beneficiaries because CPO systems require higher component content than NPO designs. It also noted that Semtech’s TIA and driver chips remain core ICs for NPO systems and that supply is still tight. On the other side, the report turned negative on Largan Precision, saying the market has priced in CPO-related upside too early and too aggressively relative to the company’s projected earnings contribution from the segment.

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Oracle

2026-09-28 01:46:50

Oracle invokes force majeure clause for New Mexico AI data center as $18 billion debt slips below par

Oracle has sent a force majeure notice to the developer of Project Jupiter, an AI data center in New Mexico tied to the Stargate project. The site is expected to be leased by Oracle once completed, with computing capacity then supplied to OpenAI. Oracle has not exited the project, but it is using contractual delay protections while a key bottleneck remains unresolved: power. The campus is planned to run on as much as 2.45GW of Bloom Energy fuel cells, yet the related natural gas pipeline and air-quality permits have not been fully secured. Project Jupiter had been scheduled to begin operations in 2028. If those approvals continue to lag, the data center could miss its construction or power-delivery timeline. Under the contract, if the delay is deemed a force majeure event, Oracle can push back the start of full rent payments by as much as three years. That does not eliminate its obligations. During the delay period, Oracle would still pay a lower development-stage rent and cover part of the debt interest and investment return. Investors have already reacted: roughly $18 billion of debt tied to Project Jupiter recently traded at 89 to 91 cents on the dollar, while shares of Oracle and Blue Owl both fell on the day the news emerged. Oracle still says the project remains on schedule.

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Wolfspeed

2026-09-28 01:01:50

Wolfspeed rolls out 200 mm silicon carbide substrate as LITEON adopts SiC for AI data center power

Wolfspeed (NYSE: WOLF) has introduced a new premium 200 mm N-type silicon carbide (SiC) substrate, adding to its wafer materials portfolio with a product aimed at improving manufacturing yield. According to the company’s release, the substrate uses upgraded material quality to cut defect density and improve wafer shape stability. X-ray topography analysis verified a micropipe density below 0.01 per square centimeter, or fewer than three micropipes per wafer, alongside very low screw dislocation density. The company said those characteristics can reduce starting material variation, lower defect rates, keep batch performance more consistent, and improve downstream process results. Wolfspeed added that this can help semiconductor manufacturers raise first-pass design success rates and reduce certification delays. Cengiz Balkas, Ph.D., executive vice president of Wolfspeed’s materials business, said the 200 mm product portfolio reflects the company’s expertise in silicon carbide materials. LITEON has also adopted Wolfspeed’s SiC solution in its 800 VDC side-car cabinet power system for AI computing data centers. The setup uses SiC MOSFETs to improve power conversion efficiency in high-power computing environments and lower cooling costs. Wolfspeed said it has been producing 200 mm wafers since 2022, while its supply chain footprint includes a 10-year, $2 billion agreement with Renesas and downstream adoption by GM, Mercedes-Benz, and ZF.

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Oracle

2026-09-26 10:54:01

Oracle AI data center project faces delay risk over land dispute

Techub News reported that Oracle’s AI data center project is facing delay risk because of a land dispute. The brief said the dispute highlights a complicated link between environmental concerns, regulatory hurdles, and financial risk. The item cited Crypto Briefing as the underlying source. No further details were provided in the summary, including the project’s location, the expected length of any delay, or the specific nature of the land dispute. Based on the available text, the report is limited to the existence of the dispute and the risks surrounding the project timeline.

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Crusoe

2026-09-25 23:12:21

Crusoe drops near-term plan to use Boom turbines for AI data center

Crusoe has removed Boom Supersonic’s new stationary power plant from its near-term plans, according to a statement from Boom CEO Blake Scholl cited by Techub. The company had previously planned to invest $1.25 billion to use Boom’s turbine technology at its AI data center. The update points to a change in Crusoe’s immediate deployment timeline for the power system. Techub attributed the report to TechCrunch. No additional details were provided in the brief on whether the plan was delayed, canceled outright, or replaced by another power option. The disclosed information was limited to Scholl’s comment and the earlier $1.25 billion investment plan tied to Crusoe’s AI data center project.

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