On Data Centers, Semis & Stablecoin

The rapid revenue growth of cloud providers that meet AI data storage needs has enticed lots of players to build new data center capacity. Some, like Amazon and Open AI, are doing so to meet their own AI needs and others to farm out storage capacity to others. With capacity buildouts so enormous, Jackie asks, will there be enough juicy profits to go around? … Also: Nvidia is still the undisputed AI semiconductor chip leader, but alternatives to Nvidia’s chips are proliferating. … And: The Genius Act prohibits the paying of interest to investors, but not the paying of “rewards.” What’s the difference? None, say banks, fearing lost deposits and demanding rule revisions.