New York imposes one-year moratorium on large hyperscale data centres
New York State has imposed a one-year moratorium on the construction of large new hyperscale data centres, becoming the first state in the United States to do so. The pause applies to projects that use 50 megawatts of power or more, and it will block new discretionary permits during the review period. Governor Kathy Hochul announced the move on Tuesday, saying the state needs time to build a regulatory framework for the sector.The state said the decision is intended to address concerns about rising utility costs, electricity demand and pressure on local water supplies. Hochul said the policy is meant... [Continue Reading]
360LiveNews | 14 Jul 2026 22:03 LONDON
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SK hynix launches huge US listing amid AI boom
South Korean chip maker SK hynix has set pricing for a major US listing, aiming to raise $26.5bn as demand for artificial intelligence infrastructure continues to drive investor interest in semiconductor companies. The offering is expected to be one of the largest stock sales ever completed on US markets. The company plans to list American depositary shares on Nasdaq later on Friday.SK hynix said the deal involves 177.9 million depositary shares, with each ADS representing one-tenth of a regular share, priced at $149.00 per ADS. The listing has been more than seven times oversubscribed, according to US media reports cited... [Continue Reading]
360LiveNews | 10 Jul 2026 06:30 LONDON
