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Midday Stories: Nvidia Investing $1.5 Billion in SB Energy; L3Harris Names Sam Mehta as CEO, Replacing Christopher Kubasik","url":"https://stock-news.laohu8.com/highlight/detail?id=2660436275","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660436275?lang=en_us&edition=fundamental","pubTime":"2026-08-17 23:48","pubTimestamp":1786981710,"startTime":"0","endTime":"0","summary":"The Nasdaq Composite was up, while the Dow Jones Industrial Average and S&P 500 Index were down in late-morning trading Monday, as oil prices rose amid ongoing tensions in the Middle East.In company 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secures 20-year Ohio data center lease backed by Nvidia","url":"https://stock-news.laohu8.com/highlight/detail?id=2660436019","media":"cryptonews","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660436019?lang=en_us&edition=fundamental","pubTime":"2026-08-17 23:42","pubTimestamp":1786981362,"startTime":"0","endTime":"0","summary":"OpenAI has signed a 20-year lease for 4.25 gigawatts of initial AI capacity at an Ohio data center supported by up to $105 billion in guarantees from Nvidia.OpenAI’s lease at the PORTS-Pike campus is expected to begin in phases in 2028.Nvidia has capped its initial guarantee obligations at a combined $105 billion.SB Energy will build, own, and operate the Pike County data center.Nvidia will invest $1.5 billion in SB Energy and provide the campus’s AI systems.Nvidia’s Aug. 17 announcement said OpenAI will use the PORTS-Pike Technology Campus in Pike County, where SB Energy will build, own, and operate the infrastructure under the long-term lease.The chipmaker will serve as the campus’s exclusive AI compute provider, supplying its DSX AI factory platform. OpenAI’s systems will use Nvidia GPUs, CPUs, and networking equipment, with the first capacity scheduled to become available in phases beginning in 2028.OpenAI remains responsible for paying the lease. Nvidia would face a payment 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Among Investors Backing $350 Million Funding Round for Groq","url":"https://stock-news.laohu8.com/highlight/detail?id=2660353714","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660353714?lang=en_us&edition=fundamental","pubTime":"2026-08-17 22:31","pubTimestamp":1786977078,"startTime":"0","endTime":"0","summary":"Nvidia  is expected to be among the investors backing a $350 million series A funding round for Groq, giving the artificial intelligence startup a $3.5 billion valuation, Groq said Monday.Groq, which operates 13 data centers worldwide, said the funding round was led by Disruptive and is in addition to $650 million raised in June.The startup is an Nvidia Cloud Partner, and the new capital accelerates the build-out of its global inference footprint, according to a statement.Price: 226.26, Change: +1.10, Percent Change: 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or Sandisk: One AI Memory Stock Worth Buying, the Other ‘Needs More Time,’ Say Big Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2660435158","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660435158?lang=en_us&edition=fundamental","pubTime":"2026-08-17 22:31","pubTimestamp":1786977076,"startTime":"0","endTime":"0","summary":"The memory rally has found a new reason to run. 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