As Elon Musk's xAI looks to continue expanding in Memphis, here is what we know about the company's energy and water demands ...

Download the free Memphis Business Journal app for breaking news alerts on your phone. "xAl, TVA, and Nucor Steel will each have dedicated pumps designed to convey reuse water according to their ...

Based in Charlotte, North Carolina, Nucor Corporation (NUE) is a leading U.S. producer of structural steel, steel bars, and related products. With a market cap of $33.5 billion, it operates ...

The Memphis area is expected to experience winter weather with frigid temperatures and snow starting around noon Tuesday. Snowfall is expected to begin Tuesday afternoon and continue into Wednesday.

MEMPHIS, Tenn. — The Memphis City Council ... It’s expected to play a key role in cooling facilities at TVA, xAI, and Nucor Steel, with the treated water serving as an alternative to drawing ...

CHARLOTTE, N.C., Feb. 18, 2025 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.55 per share on Nucor's common stock.

MEMPHIS, Tenn. — Memphis City Council on Tuesday ... The water also would be used for cooling by a TVA power plant and Nucor Steel. Brent Mayo with xAI said the company could build the water ...

Nucor Corporation NUE is currently trading at a forward price/earnings of 17.07X, a roughly 52.5% premium to the Zacks Steel Producers industry average of 11.19X, and higher than its five-year ...

MEMPHIS, Tenn. - A Memphis City Council vote ... Engineers say the recycled water can be used for the xAI, TVA, and Nucor facilities. Advocates say it would reduce the strain on the aquifer ...

Elon Musk’s AI startup xAI plans to continue using 15 gas turbines to power its “Colossus” supercomputer in Memphis, Tennessee, according to an operating permit with the Shelby County Health ...

In my opinion, Nucor Corporation (NYSE:NUE) stands to benefit significantly from these evolving dynamics. The company is the largest U.S. steel producer and has a strong operational history ...