Dossier
data center business
Coverage of data center business in the Nexus archive.
- Intel's revenue surged 25% in second quarter, its fastest growth in 15 years
Intel's revenue increased by 25% in the second quarter, marking its fastest growth in 15 years. AI-driven demand for server chips contributed to a 59% growth in Intel's data center business, resulting in total revenue of $16.1 billion.
- Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
Riot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income declined.
- Galaxy posts $216 million Q1 loss amid crypto ‘transition year,’ Novogratz bullish on data center growth
Galaxy reported a $216 million Q1 loss, attributing it to a 'transition year' in cryptocurrency. However, the company's data center business is expected to see revenue growth starting in the second quarter, with CEO Mike Novogratz expressing optimism about its future.