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Largest US grid operator plans March auction for data-center power

America's largest grid operator plans a special auction in March to secure new generating capacity for data-center demand. The auction depends on federal regulators approving revised rules governing who pays, tying the planned procurement to a decision on how its costs would be allocated.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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CXMT swings to profit as quarterly revenue rises sevenfold

Chinese memory chipmaker CXMT posted a sevenfold increase in quarterly revenue and swung from a loss to a profit, Bloomberg reported. The company expanded capacity aggressively and increased its role as a global supplier of conventional memory, or DRAM.