US Stocks News | Nvidia (NVDA.US) rises over 6% as plans for "old building renovation" data center reach a scale of 1 gigawatt

Smart Finance APP has learned that on Friday, Nvidia (NVDA.US) rose over 6%, closing at $193.72. According to reports, two individuals with direct knowledge revealed that Nvidia has approached private equity giant Apollo Global Management to plan the creation of a distributed small-scale AI data center network across up to 20 states in the United States, utilizing existing buildings of a distressed telecommunications company. The results of the gubernatorial elections this Tuesday have put the construction plans for data centers in several states at risk of potential suspension, while renovating existing buildings is expected to help Nvidia and its clients avoid some of the upcoming regulatory restrictions.