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Nikkei reports Samsung’s trading arm is partnering with Japanese renewables firm Erex to develop new energy projects aimed at meeting rising power demand from AI, targeting stable renewable power supplies for data centers by fiscal 2029.

2026-07-31

Nikkei reports Samsung’s trading arm is partnering with Japanese renewables firm Erex to develop new energy projects aimed at meeting rising power demand from AI, targeting stable renewable power supplies for data centers by fiscal 2029.

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2026-07-31

Amazon (AMZN.O) CEO: Due to rising memory costs, we now expect cash capital expenditures to reach approximately $220 billion in 2026.

Amazon (AMZN.O) CEO: Due to rising memory costs, we now expect cash capital expenditures to reach approximately $220 billion in 2026.
2026-07-30

The Philadelphia Semiconductor Index surged 9%, significantly outperforming the Nasdaq's 2.6%, indicating this wasn't a general rise in tech stocks. Micron, AMD, and Intel all saw gains exceeding 14%, sharing the common characteristic of having falle

The Philadelphia Semiconductor Index surged 9%, significantly outperforming the Nasdaq's 2.6%, indicating this wasn't a general rise in tech stocks. Micron, AMD, and Intel all saw gains exceeding 14%, sharing the common characteristic of having fallen more sharply during the earlier valuation correction and exhibiting greater resilience during the rebound. Previously, market concerns about AI capital expenditure returns, overvalued chips, and the spread of the South Korean semiconductor sell-off led to a significant de-risking of the AI hardware supply chain. The current strong rebound in the Philadelphia Semiconductor Index suggests that funds are returning to the most resilient sectors that experienced the largest declines. However, this doesn't directly prove that the AI narrative has fully recovered.
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