Assistive TechnologyBusiness

Tech Stocks Lead Market Gains as TSMC, Nvidia Drive AI Optimism

Technology stocks led Wall Street higher as Taiwan Semiconductor Manufacturing Co. reported better-than-expected quarterly profits. The semiconductor giant’s positive outlook for AI chip demand boosted market sentiment, particularly for companies like Nvidia that rely on TSMC’s manufacturing.

Market Performance and Key Movers

Major stock indices posted modest gains in recent trading, with technology shares leading the advance according to market reports. The S&P 500 reportedly rose 0.4%, though analysts noted trading has been erratic throughout the week with repeated swings between gains and losses. The Dow Jones Industrial Average was up 85 points, or 0.2%, as of 11 a.m. Eastern time, while the Nasdaq composite showed stronger performance with a 0.7% increase.

Assistive TechnologyComputing

Nscale to Deploy 200,000 Nvidia GPUs to Microsoft in Potential $14 Billion AI Infrastructure Deal

Nscale has signed one of the largest AI infrastructure contracts ever with Microsoft, reportedly worth up to $14 billion. The deal involves deploying approximately 200,000 Nvidia GB300 GPUs across multiple data centers in the US and Europe.

Massive AI Infrastructure Expansion

UK-based AI infrastructure provider Nscale has significantly expanded its partnership with Microsoft through what sources indicate could be one of the largest artificial intelligence infrastructure contracts ever signed. According to reports, the deal involves the deployment of approximately 200,000 Nvidia GB300 GPUs to Microsoft facilities across multiple countries.

Arts and EntertainmentInfrastructure

Nscale Signs Major AI Infrastructure Deal with Microsoft to Deploy 200,000 Nvidia GPUs

Startup AI infrastructure provider Nscale has reportedly signed a significant agreement with Microsoft to deploy approximately 200,000 Nvidia GPUs across multiple data centers. The deal represents one of the largest AI infrastructure deployments announced this year and signals growing demand for high-performance computing resources.

Major AI Infrastructure Expansion

AI hyperscaler startup Nscale has reportedly signed a substantial agreement with Microsoft to bring advanced Nvidia hardware to multiple data centers across Europe and the United States, according to company announcements. Sources indicate the deal involves approximately 200,000 Nvidia GB300 GPUs destined for three European facilities and one American location.

Arts and EntertainmentInfrastructure

BlackRock, Nvidia Consortium Strikes $40 Billion Data Center Deal to Power AI Expansion

A major investment consortium featuring BlackRock and Nvidia has agreed to acquire Aligned Data Centers in a transaction valued at $40 billion. The deal represents one of the largest infrastructure investments targeting the artificial intelligence sector as companies race to secure computing capacity.

Major AI Infrastructure Investment

A consortium including BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers in a deal worth $40 billion, according to reports from Reuters. The transaction underscores the intensifying competition to expand the costly, supply-constrained infrastructure required to power artificial intelligence technology.