Share
AI Infrastructure:
What changed in the AI trade, and why it mattered.
- 01
Chinese tech giants ByteDance, Alibaba and Tencent are reported to have ordered about $35 billion of Nvidia chips.
If the reports hold, the biggest Chinese cloud and internet companies are still putting large sums into Nvidia's AI chips. That is direct demand for the chip designer and, further along, for the server makers that build systems around those chips.
Closest to a screener match in Compute and Servers · Thursday's close, 22 Oct
- Not a match
One check short of a pick.
- Not a match
One check short of a pick.
- 02
Smaller AI cloud companies announced new capacity, and Applied Digital rose 8.5% on its Texas project with Soluna.
Applied Digital and Soluna plan a 50MW wind-powered AI data center in Texas, and IREN plans a 300MW campus in Spain for 2028. Nebius is publishing live GPU spot prices, and Vultr will run 20MW of AMD MI355X chips in India. Together these show AI cloud providers still adding capacity and AMD winning a deployment. The neocloud group as a whole has been weakening on the week, so Applied Digital's jump stands out from its peers.
Compute · Neoclouds· APLD, IREN, NBIS, AMD·Source 1·Source 2·Source 3·Source 4
Closest to a screener match in Neoclouds and Compute · Thursday's close, 22 Oct
- Not a match
One check short of a pick.
- Not a match
MarvellMRVL
One check short of a pick.
- 03
New data center deals and power plans appeared across Asia, led by a 500MW letter of intent in Malaysia.
Startup neocloud Aolani signed a letter of intent for 500MW in Malaysia, Duos signed a cloud provider for 20MW, and SC Capital Partners invested in a 40MW site in South Korea. Tata Power is targeting 2.8GW of generation, transmission and distribution for India's data centers. The AI build-out is spreading beyond the US, and the limit on it is increasingly electricity and grid supply, which favors power and site-equipment suppliers.
Neoclouds·Source 1·Source 2·Source 3·Source 4·Source 5
Closest to a screener match in Power and Data-centre infrastructure · Thursday's close, 22 Oct
- Not a match
One check short of a pick.
- Not a match
One check short of a pick.
Published 22/10/2026, 08:05 UTC · claude-sonnet-5-5