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AI & Enterprise

Big Tech AI infrastructure spending overtakes oil and gas production investment in data centre expansion race

Big Tech spending on artificial intelligence infrastructure has surpassed global investment in oil and natural gas production, BeInCrypto reported, citing estimates from the International Energy Agency. The IEA said surging data centre investment pushed major technology companies\' capital spending above $400 billion in 2025 and it could increase a further 75 percent in 2026. The expansion is boosting demand, debt issuance and stock market concentration, while making the pace of buildout more sensitive to financial market conditions.

General News

Brent crude surges more than 60 percent in March on Hormuz closure shock, biggest rise since 1988

Brent crude futures rose more than 60 percent in March, the biggest monthly gain since 1988, a report said. May Brent settled at $118.35 a barrel, up about 5 percent on the day, while U.S. WTI climbed about 51 percent for the month. The surge was linked to the closure of the Strait of Hormuz after joint U.S.-Israeli air strikes, the report said. Gasoline prices rose in the United States and Britain as markets weighed risks of prolonged disruption.

Industry

Chip prices set to rise again amid supply shortage and higher oil costs

DRAM contract prices are expected to surge 90 to 95 percent in the first quarter from the previous quarter, after TrendForce raised its forecast. PC DRAM is projected to rise more than 100 percent, while server DRAM is seen up more than 60 percent. NAND flash forecasts were also lifted. The report cites tightening supply as AI server demand shifts capacity toward DDR5 and HBM3e, while a rise in oil prices adds cost pressure that could extend into the second half.