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AI & Enterprise

Data centre regulation, power crunch reshape winners; Jim Cramer says big tech has edge

Jim Cramer said the data centre investment theme is not over, but the winners may change as political and local opposition increases. He said pushback over power costs, water use and community burdens is pressuring related stocks, and that stricter requirements in places such as Pennsylvania and Texas could curb unchecked expansion. Cramer said hyperscalers such as Amazon, Alphabet, Microsoft and Meta may benefit, while some suppliers could face pressure.

Industry

Kioxia ordered to pay $229 million in U.S. patent case after five-year dispute

Kioxia Holdings said its subsidiaries Kioxia and Kioxia America were ordered by a U.S. federal court in Texas to pay about $229 million in damages in a patent infringement lawsuit brought by satellite communications company Viasat. The ruling confirms a jury verdict. Kioxia Holdings said it cannot accept the claims and the ruling and will consider all legal options, including an appeal. It said the decision will not affect products and services for customers and that it has already booked a litigation provision.

AI & Enterprise

Jim Cramer says AI infrastructure stock surge nearing end, rotation into other sectors

Wall Street is taking profits in AI infrastructure beneficiaries that led markets in the first half and shifting money into stocks with growth drivers beyond data centre spending. Jim Cramer said this is not a halt to AI investment but a rotation into other sectors. He cited recent pullbacks in memory-related names after sharp gains. Software shares have attracted buying, and some consumer and defensive names are benefiting.