The chief obstruction to data center growth is not the availability of land, infrastructure, or talent. It’s local power, according to commercial real estate services company CBRE In its 2023 global data center trends report, CBRE says the market is growing steadily and demand is constantly rising, but data center growth has been largely confined […]
Samsung’s Q2 profit drops 95% as chip downturn continues
Corinne Reichert/ZDNET Samsung’s operating profit nosedived in the second quarter from the heavy losses incurred by its chip division but solid performances from its other businesses allowed the company to remain profitable. The South Korean tech giant said it recorded 60 trillion won in revenue and 0.67 trillion won in operating profit, a drop of […]