The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Carrier
–McAdams Wright Ragen initiated coverage on Clearwire Corp. with a buy rating and a $28 price target.
–Lehman Bros. lowered its price target on Leap Wireless to $85 from $105, saying it believes the company’s cost of growth will be higher than expected.
Handset and infrastructure vendors
–Goldman Sachs raised its price target on Research In Motion Ltd. to $295 from after raising the company’s subscriber estimates on strong store checks.
Other
–Credit Suisse First Boston initiated coverage on Texas Instruments Inc. with an outperform rating and a $43 price target.
–Credit Suisse First Boston initiated coverage on Analog Devices with a neutral rating and a $37 price target.
Financial ratings wrap-up: Clearwire, Leap, Research In Motion and more
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The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants