AI JUST BOUGHT THE SUBSTATION.
Broadcom reported $16.7 billion of AI semiconductor revenue in one quarter, up 221% from last year.
At almost the same moment, Vertiv agreed to spend as much as $2.6 billion acquiring a company whose specialty is microgrids, onsite generation controls, switchgear, storage, and behind the meter power for data centers.
That tells you where the AI bottleneck is moving.
It is no longer enough to have chips.
You need power by a date.
CPP Investments also completed its $4 billion acquisition of Nordic data center operator atNorth with Equinix, giving Canadian pension capital control of an AI and…
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