Morning Brew Daily

Tech Giants Are Going Nuclear & $420B Wipeout Scares Chip Industry

5 snips
Oct 17, 2024
Tech giants like Google and Amazon are diving into nuclear energy to power their data centers, showcasing a shift towards sustainability. Meanwhile, ASML faces a significant downturn in the semiconductor market, sparking worry among stakeholders. In consumer news, the FTC proposes easier subscription cancellations, addressing long-standing frustrations. Additionally, a notable price drop in electric vehicles is reshaping the market dynamics, and PepsiCo's response to shrinkflation adds a twist to snack sales. The latest Kindle boasts vibrant color displays, catering to evolving consumer tastes.
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ANECDOTE

Haunted House Dates

  • Neal Freiman and Toby Howell discuss the popularity of haunted houses, a $500 million industry.
  • Toby Howell reminisces about using haunted houses as a unique dating experience in Florida.
INSIGHT

Big Tech Goes Nuclear

  • Big tech companies like Google and Amazon are investing in nuclear power for their data centers.
  • This is driven by the need for reliable, carbon-free energy to support AI and meet emission goals.
INSIGHT

Small Modular Reactors

  • Smaller modular reactors (SMRs) are a key part of big tech's nuclear strategy.
  • SMRs offer advantages like lower costs, flexibility, and smaller upfront investment.
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