Fermi said an investment-grade hyperscaler will prepay $200 million for 600 MW at Project Matador, and Applied Materials reported a 53% jump in revenue. SMIC said the AI computing crunch will last until 2028, while OpenAI backed US curbs on China's chip access and a Republican senator urged a ban on Chinese chipmaker CXMT.
Nvidia's chief executive has left. Data Center Frontier reported that Jensen Huang resigned as Nvidia CEO; Yahoo Finance Singapore said CoreWeave slid 15% as the leadership shock rattled the AI infrastructure trade. 24/7 Wall St. reported that Applied Digital sank 8% as the Nebius outlook and the Nvidia CEO exit hit AI data center stocks.
SpaceX is planning a large AI campus build in two states. Investor's Business Daily reported $74 billion of AI data-center expansions in Texas and Arizona, and digitimes said the plan faces local opposition and political hurdles.
Fermi signed a capacity deal with an unnamed investment-grade hyperscaler. Blockspace Media reported a $200 million prepayment for 600 MW at Project Matador, and Fermi's Q3 slides said the deal anchors a 17 GW plan. Yahoo Finance reported the company posted a $141.6 million Q3 net loss.
Chip-tool demand is holding up on AI. SiliconANGLE reported a 53% jump in Applied Materials revenue, and Reuters said the company forecast quarterly revenue above estimates on strong AI chip demand.
Suppliers outside chips are reporting AI-driven orders. Coinpaper reported Siemens orders rose 58% to €34.8B as the AI data center boom pushed its backlog to €143B, and CNBC said Cisco expects AI infrastructure revenue to double this fiscal year.
Power and cooling constraints drew policy and deal activity. Asset Publishing and Research reported the EU's AI and data centre plans exceed grid infrastructure capacity, and Dataconomy said the US Senate advanced an energy permitting bill amid data center backlash. Startup Fortune reported Samsung is in talks to buy cooling maker Modine.
Threads earlier editions carried that drew more reports in this window.
Morgan Stanley AI infrastructure spending estimate. Seeking Alpha added a figure: AI infrastructure spending racing toward $2 trillion by 2028.
SoftBank's cancelled turbine orders. NewsCord compared six outlets on the $3.7 billion writedown; no new figures.
Fractile's $720 million round. eWeek carried the raise again; no new figures.
Torus's $500 million modular build. Tech Times added that the prefab design is built to skip the grid queue; no new figures.
PLA-linked university's Nvidia H200 purchase. Yahoo Finance repeated the report, adding that Jensen Huang faces scrutiny; no new figures.
Seoul National University reported a 4.6× cut in serverless LLM cold-start latency, Fudan's daVinci-Prover gained 13.7 on MiniF2F, and a Zhejiang University paper added 10.1 points on ALFWorld/WebShop. Uppsala and Chalmers proposed broadcasting weights across 80K accelerators instead of replicating them in HBM. Singularity-Bench tests whether agents can build agents, ShadowBench finds models retain facts after purported unlearning, and only two papers released code.
2 charts built from 1 stated figure across 12 stories, the first planned by the composer from the record. Also had the data for when the energy stories landed, pressure and relief by topic. Held back: power committed in deals that state a figure (no deal in this edition states the capacity it commits); power disclosed per edition · last 7 (only 0 of the last 7 editions put a number on it); other figures on the record today (only 1 other figure on the record — the card needs 3).