Energy

Broadcom announced a long-term agreement with Google on April 6, 2026, to develop and supply custom Tensor Processing Units (TPUs) and networking components for Google's next-generation AI racks through 2031[1][2][3][5]. The deal positions Broadcom as Google's primary design partner for TPUs, which power advanced AI models like Gemini, and includes supply assurance for hardware connecting large-scale chip clusters[1][3]. Separately, Broadcom signed a tripartite arrangement providing Anthropic access to ~3.5 gigawatts of TPU-based computing capacity starting in 2027[1][2][3][4].

Cities and states are proposing bans, surcharges, zoning restrictions, and environmental regulations on data centers due to their surging electricity demand (projected to reach 130 GW or 12% of U.S. total by 2030) and environmental impacts like 105 million metric tons of annual CO2 emissions, mostly from fossil fuels (56% of power source).[2][4][7][13]

Background Summary

On March 31, 2026, David I. Miller, newly appointed Director of the CFTC's Division of Enforcement, delivered remarks at NYU Law School's Program on Corporate Compliance and Enforcement, announcing five key enforcement priorities: (1) insider trading (including tipping and trading on misappropriated information, especially in prediction markets), (2) market manipulation (with emphasis on energy markets due to consumer harm and inflationary risks), (3) market abuse and disruptive trading (e.g., spoofing, wash trading), (4) retail fraud (e.g., Ponzi schemes, commodity pool frauds), and (5) willful violations of anti-money laundering (AML) and know-your-customer (KYC) rules.[1][2][4][5][6]

Saudi Arabia's defense ministry reported intercepting and destroying seven ballistic missiles launched toward its Eastern Region on April 7, 2026, with debris falling near energy facilities; damage assessments were underway.[1][3][5][8][9]