Samsung zigs while chipmaking competitors zag. In spite of a 14% dip in its chip business, the firm increases spending while peers SK Hynix and Mircron slow capex investments.
SPAC-backed Vertiv follows Salesforce and Splunk as a target of activist hedge fund Starboard Value. The fund has taken major positions in all three companies this week with an eye on pushing operational improvements at the firms.
The recently enacted Inflation Reduction Act makes data center sustainability irresistible with these three main benefits: carbon reduction tax credits convert into cash, hyperscalers test wide-scale sustainability efforts, energy firms invest...