Microsoft's Data Center Projects

Microsoft has been halting or delaying data center projects in various countries, leading to concerns about future demand for cloud and AI services. Investors are worried about the company's spending plans and the impact on global tech stocks, particularly chipmakers. Despite the pullback, Microsoft remains committed to significant spending on data center expansion.

Cyberattack on Indonesia's National Data Center

Indonesia's national data center has been compromised by a hacking group asking for an $8 million ransom, disrupting services of over 200 government agencies. The government refuses to pay the ransom and is working on restoring services.

Nvidia's Rise to Most Valuable Public Company

Nvidia, known for gaming chips, has become the most valuable public company globally due to its AI chips. Its market cap now exceeds Microsoft and Apple, with a dominant position in the AI chip market and significant revenue growth.

Microsoft's AI Data Center Investment in Racine, Wisconsin

Microsoft is investing $3.3 billion in constructing a new AI data center in Racine, Wisconsin, to enhance its AI capabilities and create jobs. The project is seen as a strategic move with political implications as it contrasts with Trump's economic policies.