Hanford Nuclear Reservation with Northwest Energy's nuclear reactor letting off steam in the background. (Photo by Tobin, via Flickr, Creative Commons)

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

President Joe Biden signed an executive order today opening federal land to data centers, setting up a key test on energy policy for the next As I write this morni

D.C. and Silicon Valley reassessing timetables for artificial general intelligence—and where China stands in that race

Industry executives contend the plan would limit access for existing chips used in video games and which companies could build data centers abroad.

The Biden administration's proposed restrictions would cap U.S. exports to more than 120 countries. Although AAPL's AI push and growing Services business are positives, stretched valuation and China headwinds are concerning.