SpaceX Shares Jump 16% Past Lockup Test; Terafab Chip Plant Breaks Ground
SpaceX shares surged 16% on Friday, closing at $133.11 and within striking distance of the company’s $135 initial public offering price, as investors shrugged off the end of a lockup…
Tesla Files for $10.1 Billion Solar Cell Factory in Texas
Tesla has filed paperwork for a $10.1 billion solar-cell manufacturing campus in Fort Bend County, Texas, the largest manufacturing investment the company has ever put on paper. The application, submitted…
Nvidia to Invest Up to $3 Billion in Stargate Power Developer Lancium
Nvidia is in talks to invest up to $3 billion in Lancium, the power-infrastructure developer behind the Stargate artificial-intelligence data-center campus in Texas, according to people familiar with the matter.…
Citadel Securities Strategist Rubner Turns Bullish on Gold
Scott Rubner spent most of 2026 urging clients to keep their distance from gold. On a Friday in early August, he reversed course. In a research note, the head of…
Mubadala Weighs $6.3 Billion Data Center Bet in Japan
ABU DHABI—The oil-rich sheikhdom is looking north, to a prefecture in Japan known for rice paddies and sake, not servers. Mubadala, Abu Dhabi’s sovereign wealth fund, is evaluating an investment…
Lumilens Raises $700 Million for Optical Interconnects
SAN JOSE, Calif.—The copper cables under the world’s data centers are running out of headroom, and a startup few people had heard of a year ago just raised a large…
Alphabet Sells $25 Billion in Bonds as AI Demand Surges
MOUNTAIN VIEW, Calif.—The order book closed at roughly $115 billion, a pile of demand so large that it ranked among the biggest of the year. Alphabet said Thursday it has…
SanDisk Signs Eight Long-Term Memory Supply Deals
MILPITAS, Calif.—SanDisk’s chief executive has spent years listening to customers describe their demand in three-month windows, and he says the era of short planning horizons is over. Speaking on the…
Nvidia, Ooredoo and Nokia to Build 1-Gigawatt AI Platform in Indonesia
The announcement from Ooredoo came with a number that has become the new unit of ambition in the global AI race: one gigawatt. The Qatari telecommunications group said it will…
Tesla Starts Mass Production of Megapack 3 Storage Units
The first units were rolling off the line this week, and for Tesla’s energy division the moment was a long time coming. Megapack 3, the company’s next-generation grid-scale storage product,…
