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Supercomputing Center 

The $1.4 billion supercomputing center Foxconn (HNHPF) is building with Nvidia (NVDA) will be ready by the first half of 2026, Reuters' Wen-Yee Lee reported. When complete, it will be Taiwan's largest advanced GPU cluster, according to Neo Yao, CEO of a new unit Foxconn has established for AI supercomputing and cloud operations.

The 27-megawatt data center will be powered by Nvidia's new Blackwell GB300 chips, and it is also set to be Asia's first GB300 AI data center, the executive added.

Bullish on Nvidia 

Raymond James analyst Simon Leopold resumed coverage of Nvidia with a Strong Buy rating and a $272 price target. As the leader in accelerated and AI computing, the company benefits directly from a multi-year build-out of "AI factories" and data-center-scale platforms, the analyst told investors in a research note.

With hundreds of millions of installed GPUs, more than six million developers, and deep integration into enterprise and sovereign AI initiatives worldwide, Nvidia is uniquely positioned at the center of what it calls the "AI industrial revolution," where data is the raw material and digital intelligence is the output, the firm added.

Power Trading

Meta Platforms (META) is venturing into electricity trading to accelerate the construction of new U.S. power plants vital to its AI ambitions, Bloomberg's Josh Saul, Riley Griffin, and Naureen S. Malik reported.

The company's head of global energy, Urvi Parekh, said that trading electricity will give Meta the flexibility to enter longer contracts, which plant developers need to secure investment. Plant developers "want to know that the consumers of power are willing to put skin in the game," Parekh said in an interview. "Without Meta taking a more active voice in the need to expand the amount of power that's on the system, it's not happening as quickly as we would like."

AI Supercomputers

The U.S. DOE is accelerating its approach to equipping national labs with AI supercomputers by working with Nvidia, AMD (AMD), and Oracle (ORCL), which will pay some of the costs, The New York Times' Don Clark reported.

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