Megan McCarty Carino

Broadcom, supplier of semiconductors and software, increased one and a half percent.

Micron Technology dropped about two and six-tenths percent.

Bonds up yield on the 10-year T-note down 4.21%.

This is Marketplace.

I'm Kai Risdahl.

We're going to continue with the thread of Megan's piece now, artificial intelligence.

And to do it, do me a favor and picture for me, if you would, a data center.

What does it look like?

We are sitting in actually what they used to call the terminal annex for the U.S.

Post Office.

Well, whatever you imagine, it's probably not an historic building smack in the middle of downtown Los Angeles, right?

This building was built in 1938.

And it was used to transport all of the mail off the train and then send it on its way.

How much do you love that in 1938 they built this building for information and transfer of data and all this jazz, and now you're doing the same thing?

Come on.

I know.

The evolution of data transfer is pretty remarkable.

Miley Kaiser, the person I'm talking to, is the chief revenue officer of a company called Coresight.

It owns 30 data centers across the United States, three here in Los Angeles.

And they're building more because, as you've heard, the artificial intelligence infrastructure that so much of this economy is betting on right now and that we talked about last week is getting perilously close to being too big to fail depends on data centers.