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Home > Latest

Chevron's five-year growth plan unveiled: cross-border AI to build data center power plants with a goal of $30 billion in free cash flow by 2030.

date
12/11/2025
According to the WiseFinance APP, energy giant Chevron (CVX.US) is opening a new business line to seize the opportunity of booming development of artificial intelligence (AI). Its first move is to launch a project to supply natural gas power to data centers, with West Texas chosen as the project base.
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Tencent Music Entertainment Group fell by 6% after announcing its third-quarter performance.
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IBM's stock (IBM.N) rose by 1.6% following the announcement of the new generation quantum processor "Quantum Night Eagle".
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The US stock market opened with the Dow rising by 0.18%, the S&P 500 index rising by 0.31%, and the Nasdaq rising by 0.41%. Nvidia (NVDA.O) rose by 1.2% after closing around 3% lower the previous trading day. AMD (AMD.O) rose by 7.58%, with the company predicting that its average annual revenue growth rate (CAGR) will exceed 35% in the next three to five years. Circle (CRCL.N) dropped by 4%.
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