Tag: Nvidia

BusinessSemiconductorsTechnology

Intel’s Financial Strategy Shifts Under CEO Tan as Government and Nvidia Investments Fuel Turnaround Efforts

Intel is implementing strict financial discipline under CEO Lip-Bu Tan while leveraging unprecedented government and private investments to fuel its turnaround strategy. The chipmaker reported better-than-expected Q3 2025 results as it navigates significant workforce restructuring and strategic partnerships.

Intel’s Turnaround Strategy Gains Momentum

Intel is pursuing an ambitious restructuring plan under new CEO Lip-Bu Tan, with recent financial results indicating early progress in the chipmaker’s recovery efforts, according to the company’s latest earnings report. The technology firm reported Q3 2025 revenue of $13.7 billion, representing approximately 3% year-over-year growth and exceeding analyst expectations. Non-GAAP earnings per share of $0.23 also surpassed projections, sources indicate.

by Jessica Moore P.E.
AIBusinessTechnology

High-Yield AI Fund Trades at Steep Discount Amid Bubble Concerns

A closed-end fund focused on artificial intelligence is reportedly trading at a 6.7% discount to net asset value while paying a 7.7% monthly dividend. Market analysts suggest current AI bubble fears may be overblown based on economic indicators and employment data.

High-Yielding AI Fund Presents Contrarian Opportunity

Investors seeking exposure to artificial intelligence stocks while collecting substantial dividends may have found an unusual opportunity in closed-end funds, according to recent market analysis. The Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) reportedly yields 7.7% while trading at what analysts describe as a “nonsensical discount” to its net asset value.

by Michael Turner
BusinessEnergyTechnology

Aker Nscale Expands AI Data Center Footprint with New 250MW Facility in Northern Norway

Aker Nscale is developing another major data center in northern Norway, according to reports. The 250MW facility in Korgen follows recent high-profile AI infrastructure deals with OpenAI and Microsoft, signaling rapid expansion in the region’s computing capacity.

New 250MW Data Center Planned in Northern Norway

Aker Nscale is reportedly planning another significant data center development in northern Norway, according to Norwegian newspaper Rana Blad. The 250MW facility will be situated in Korgen, a village south of Bodø, on land previously owned by power company Nordkraft. This represents the latest expansion in the company’s growing portfolio of Nordic data center projects.

by Jessica Moore P.E.
AIHardware

Foxconn Advances Development of NVIDIA’s Next-Generation Vera Rubin AI Servers Targeting 2026 Production

Foxconn has initiated development of NVIDIA’s next-generation Vera Rubin AI servers, according to industry reports. Mass production is reportedly scheduled for the second half of 2026, positioning the technology as the successor to current Blackwell systems. The partnership underscores the accelerating pace of AI infrastructure advancement.

Next-Generation AI Infrastructure Development

Foxconn, a key manufacturing partner for NVIDIA, has reportedly begun development of the next-generation Vera Rubin AI servers, according to industry sources. The timeline for mass production is reportedly set for the second half of 2026, positioning these systems as the successor to NVIDIA’s current Blackwell architecture. This development comes as suppliers are ramping up production of Blackwell Ultra GB300 AI servers, which analysts suggest will dominate AI shipments through early 2026.

by Jessica Moore P.E.