States are falling short on their clean energy goals due to data center boom

The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Deal and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Penguin Solutions (PENG) experienced a ~13.47% spike following the unveiling of a collaborative venture with AMD and Shell targeting AI data center optimization. Management elevated fiscal 2026 revenue growth projections from 6% to 12%, propelled by robust memory division performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators including a “golden cross” pattern combined with elevated trading volumes amplified the upward momentum. Senior Vice President Clark Joseph Gates divested $173,750 in shares on May 5 through a predetermined 10b5-1 trading arrangement. Shares of Penguin Solutions (PENG) climbed 13.47% on May 10, closing at $44.23, following the disclosure of a tripartite collaboration with AMD and Shell designed to enhance AI-powered data center capabilities. A

The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Partnership and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Shares of Penguin Solutions (PENG) climbed approximately 13.47% following news of a strategic collaboration with AMD and Shell targeting AI data center optimization. Management doubled its fiscal year 2026 revenue growth projection from 6% to 12%, citing robust memory segment performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators showed a bullish “golden cross” pattern while trading volumes spiked significantly. Senior Vice President Clark Joseph Gates offloaded $173,750 in shares on May 5 through a predetermined trading arrangement. Shares of Penguin Solutions (PENG) advanced 13.47% on May 10, closing at $44.23, after the technology firm unveiled a collaborative venture with AMD and Shell designed to enhance AI-powered data center efficiency. After-hours ac

The idea of asking homeowners to host boxes full of GPUs is a symptom of the woeful dearth of data center space needed for AI computing.

Publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC.

Gov. Ron DeSantis has signed a bill to regulate large-scale data centers in Florida, promising consumers would not bear the burden of the AI boom with higher electric bills or more scarce water resources.

Mayor Tom Watson said he has talked about the idea with municipal utility officials and a congressman. There is no definite plan, the mayor said, but a possible site has been considered.

A US insurance agency is warning tens of thousands of Americans that their personal information is at risk after its network was hacked. In a report sent to the Maine Attorney General, Nevada-based TransGlobal Insurance Agency says its customers’ information is at risk following a February 18th cyberattack. An investigation determined that the exposed data […] The post Insurance Agency Warns 71,597 Americans of Potential for Identity Theft and Fraud Following Cybersecurity Incident appeared first on The Daily Hodl.

Code for America’s 2026 Government AI Landscape Assessment evaluates states’ AI readiness, highlighting progress made within the past year, across four stages: readiness, piloting, implementation and impact.