AI Infrastructure: 24 October 2026

• 01

  Amazon has dropped plans for four new data centers in Northern Virginia after local opposition.

  Community pushback is a real limit on where AI capacity can be built, even for the biggest spenders. A cancelled site can mean fewer orders for the builders and equipment makers who would have supplied it. Amazon reports earnings on October 29, when its spending plans will be in focus.

  Hyperscalers· AMZN·Source

  Closest to a screener match in Hyperscalers and Data-centre infrastructure · Friday's close, 23 Oct

  • nVent ElectricNVT

    One check short of a pick.

    Not a match

  • AmazonAMZN

    One check short of a pick.

    Not a match
• 02

  Lam Research guided to $8.6 billion, and its shares edged lower as attention turned to whether it can ship that much.

  Lam makes chip-making equipment, so its guidance shows how much factory spending customers plan. The question is now supply: can the company deliver, not just whether orders exist. The market's reaction was small, so this reads as a watch point rather than a verdict on the equipment group.

  Semiconductor equipment· LRCX·Source

  Screener matches in Semiconductor equipment · Friday's close, 23 Oct

  • Tokyo Electron8035.T

    All six checks pass, with the price at a rising 200-day average.

    Shortlisted
• 03

  IREN announced a 300MW "sovereign AI" campus in Spain, and its shares rose 4%.

  Countries want AI computing capacity built and run inside their own borders, and neocloud firms (companies that rent out AI computing power) are positioning to supply it. The rebound was not shared by everyone: Applied Digital closed 4.4% lower on the day.

  Neoclouds· IREN, APLD·Source

  Closest to a screener match in Neoclouds and Data-centre infrastructure · Friday's close, 23 Oct

  • nVent ElectricNVT

    One check short of a pick.

    Not a match

  • Sterling InfrastructureSTRL

    One check short of a pick.

    Not a match
• 04

  Oracle added $1 billion to its AI partner program.

  Oracle is putting money behind the companies that build and sell AI services on its cloud, which is a way to pull in more demand for its data centers. The detail on terms is thin, so it signals intent more than a concrete order flow.

  Hyperscalers· ORCL·Source

  Closest to a screener match in Hyperscalers · Friday's close, 23 Oct

  • AmazonAMZN

    One check short of a pick.

    Not a match

  • OracleORCL

    One check short of a pick.

    Not a match
• 05

  SK Hynix issued a public clarification about a media report that its US unit Solidigm is seeking a pre-IPO raise of about Won 5 trillion.

  Solidigm sells storage chips, so a large outside raise would show how much capital is flowing into memory tied to AI. SK Hynix shares closed 4.4% higher the same day and the company reports earnings on October 27, which is the next read on memory demand.

  Memory· 000660.KS·Source

  Screener matches in Memory · Friday's close, 23 Oct

  • SandiskSNDK

    All six checks pass, with the price at a rising 200-day average.

    Shortlisted

  • MicronMU

    All six checks pass, with the price 15.2% above a rising 200-day average.

    Shortlisted

Published 24/10/2026, 08:03 UTC · claude-sonnet-5-5