President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.

It is important to note that China is going through difficult times. The newly elected US President, Donald Trump, is planning to erect a tariff wall against Chinese exports.

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and President-elect Donald Trump announced on Tuesday at ...

Trump has an affinity for announcements promising economic growth, though such investments do not always pan out. Early in his first term, he announced a $10 billion Foxconn investment in a ...

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and US President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach, Florida.

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TAIPEI (Taiwan News) — Taiwan's Foxconn and Quanta hope to benefit from billions pledged to US President-elect Donald Trump for new data centers by a United Arab Emirates billionaire. On Tuesday, Trump said that he had secured at least US$20 billion (NT$ ...

U.S. stock markets rallied on Monday from last week's losses as semiconductor stocks surged. The Dow Jones Industrial Average gained 280 points (0.7%), the S&P 500 rose nearly 1%, and the Nasdaq Composite added 1.5%.