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18.08.26 - 17:45
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Nvidia Confirms It Will Back Massive 4.25GW SoftBank Data Center In Ohio For $105 Billion (ZeroHedge)
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Nvidia Confirms It Will Back Massive 4.25GW SoftBank Data Center In Ohio For $105 Billion
Nvidia has confirmed reports that it is financially backing SoftBank's massive data center at the Portsmouth Site in Pike County, Ohio, with up to $105 billion in financing, a securities filing revealed on Monday.
The project, led by SB Energy, is set to be fully leased to OpenAI. The facility could grow to 10GW, making it the world's largest data center, but Nvidia will initially support the first 4.25GW, DataCenterDynamics reported.
In a LinkedIn post, Nvidia CEO and founder Jensen Huang confirmed that his company would partner with SB Energy to help secure land, power, and shell (LPS) capacity at the Department of Energy (DOE) site.
The GPU giant will provide a $105bn backstop for the project, helping lower debt costs, similar to previous SPV project financings and reusing the structure popularized by Meta in late 2025 with its Project Beignet off balance sheet structure to fund its massive Hyperio...
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18.08.26 - 05:42
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China′s YMTC Is Now World′s 3rd Biggest Flash-Memory Supplier With 14% Market Share (ZeroHedge)
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China's YMTC Is Now World's 3rd Biggest Flash-Memory Supplier With 14% Market Share
Earlier today we reported that China's highly touted DRAM memory maker CXMT recently surpassed Tencent to become China's most valuable company.
That may be just the start, because hot on the heels of the biggest Chinese IPO this decade, comes that "other" Chinese memory maker, Yangtze Memory Technologies Corporation (YMTC) which has now broken into the world's top three NAND flash memory suppliers by volume for the first time, marking a milestone for China's semiconductor ambitions as it strives to narrow the revenue gap with global rivals in high-value data-center storage.
The Wuhan-based chipmaker captured 14% of global NAND bit shipments – a measure of total storage capacity shipped rather than total chip units – in the second quarter, narrowly overtaking Japan's Kioxia, according to data from Counterpoint Research published on Wednesday.
Samsung Electronics retained the global lead wit...
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17.08.26 - 14:30
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Rakuten to Partner with German Military Drone Startup (Nippon)
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Tokyo, Aug. 17 (Jiji Press)--Rakuten Group Inc. is set to partner with German military drone startup Helsing SE, it was learned Monday. The major Japanese e-commerce and mobile phone operator will act as Helsing's point of contact in the Japanese market. Specifically, Rakuten will support the delivery of the Munich-based firm's HX-2 attack drones to Japan's Defense Ministry. Helsing drone......
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