Italy A2A increases investment plan to 27 billion dollars due to data center demand

AMD shares rose after the company presented ambitious long-term growth targets, with the stock trading around $258.20 (up 3.3%). UBS raised its price target to $300 based on strong data-center demand visibility. AMD reported record Q3 revenue of $9.25 billion (up 36% year-over-year), with data center revenue up 22% and client/gaming segments showing strong growth. The company's AI partnerships, including with OpenAI, continue driving investor enthusiasm despite challenges like Chinese restrictions on foreign AI chips. Analysts are optimistic about AMD's position to benefit from continued AI and data center growth through 2026.

Chevron has announced a plan to achieve over 10% annual growth in free cash flow through 2030 by focusing on cost-cutting, strategic investments, and cleaner energy initiatives. The strategy includes $18-21 billion in annual capital expenditures, $3-4 billion in cost savings by 2026, and 2-3% yearly production growth. The company is maintaining oil and gas operations while selectively diversifying into renewable fuels, hydrogen, and carbon capture technologies, including projects to supply clean energy to AI data centers.

Italian utility A2A has increased its investment plan to €23 billion ($27 billion) for 2024-2035 to meet growing data centre demand. The plan focuses on expanding energy generation and transmission services for Italy's digital infrastructure market, which is expected to reach €7.12 billion in revenues by 2025, driven by AI and cloud computing growth.

Foxconn reported a 17% rise in Q3 2025 net profit to $1.86 billion, exceeding market expectations of $1.63 billion. Revenue reached $66.3 billion, meeting projections. Growth was driven by strong iPhone demand and improved operational efficiency. The company forecasts continued revenue growth in Q4, reflecting strong global demand for high-end electronics. As the world's largest contract electronics manufacturer, Foxconn's performance reinforces its crucial position in the global tech supply chain.