jyn_urso on Nostr: Uh, oh. Cramer thinks more data centers is a bad thing. Time to go all in on data ...
Uh, oh. Cramer thinks more data centers is a bad thing. Time to go all in on data centers.
"Jim Cramer expressed his frustration over Oracle Corporation (NASDAQ:ORCL)'s plans to potentially add another 1,000 to 2,000 data centers on top of its existing 162. He raised concerns about the environmental impact of such expansion, noting that data centers currently consume about 4% of the world's energy.
'What drives me crazy is that Oracle has 162 data centers and is considering adding another 1,000 or 2,000. What does that do to the planet? If you think about it, data centers use about 4% of all energy today, and if that doubles to 8%, we need to control the 30% that's wasted.'"
https://finance.yahoo.com/news/jim-cramer-expressed-frustration-over-084807924.html
"Jim Cramer expressed his frustration over Oracle Corporation (NASDAQ:ORCL)'s plans to potentially add another 1,000 to 2,000 data centers on top of its existing 162. He raised concerns about the environmental impact of such expansion, noting that data centers currently consume about 4% of the world's energy.
'What drives me crazy is that Oracle has 162 data centers and is considering adding another 1,000 or 2,000. What does that do to the planet? If you think about it, data centers use about 4% of all energy today, and if that doubles to 8%, we need to control the 30% that's wasted.'"
https://finance.yahoo.com/news/jim-cramer-expressed-frustration-over-084807924.html