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Express News | The Hang Seng Tech And Hang Seng Indexes Rose. US-listed Chinese Companies And China Equities ETFs Increased In Overnight Trading
Is Zuckerberg coming to save the market? Reports indicate that Meta is planning a giant Datacenter worth 200 billion dollars.
According to reports, Meta is in discussions to establish a new Datacenter campus. Depending on the required number of chips and Electrical Utilities demand, the project could exceed 200 billion dollars, potentially becoming the largest of its kind. This Datacenter may ultimately require a power supply of 5-7 gigawatts. In comparison, OpenAI plans to acquire 8 gigawatts of power for the "Stargate" project by 2030.
Meta Gears Up For AI Dominance With $200 Billion Data Center Project: Report
The volatility of Technology stocks has intensified in the short term, waiting for low-buy opportunities after risks are fully released.
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