Brighter Outlook for Daifuku With a Balanced Client Portfolio and Enhanced Bargaining Power
Daifuku has maintained a net cash position for the past eight years. From a more long-term standpoint, net debt/EBITDA peaked at 2.95 times in fiscal 2011, when the company acquired Logan Teleflex.
Elon Musk quietly built a 2nd mega-data center for xAI in Atlanta with $700 million worth of chips and cables
Last year, xAI built a massive data center in Memphis, but the company has also been quietly setting up another facility in Georgia.