UW-Oshkosh sells former equity and diversity building as part of campus overhaul
OSHKOSH, Wis. (WFRV) – The University of Wisconsin Oshkosh (UWO) is selling its former Campus Center for Equity and Diversity building at 717 W. Irving Ave., following a move of staff to a more central location on campus last fall.
The building, covering 29,400 square feet, is being sold through a Request for Proposal (RFP) process, with no listed price. UWO plans to focus future investments near the river, making the location less ideal for university needs.
Originally built in 1968 and renovated in 2003, the three-story building was purchased by UWO in 2006. It has been made accessible with ramps and a wheelchair lift.
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The Center for Student Success and Belonging staff have moved to 'The Hub' in Reeve Memorial Union, which is more centrally located.
The sale follows broader changes at UWO, including a recent restructuring to merge its colleges and the closure of its Fox Cities campus due to declining enrollment. These moves come as UWO continues to adapt to shifting priorities and budget constraints.
Representatives told Local 5 that the timing of selling the Equity and Diversity Building has nothing to do with President Trump shutting down DEI programs across the country.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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The only event on Trump's public schedule today is national security council meeting at 11 a.m. ET. Here are some top stocks trending on Yahoo Finance in premarket trading: Israel launched a surprise strike on an Iranian military site overnight. The move raised fears of wider conflict in the region. As a result, energy stocks rose in premarket trading. Diamondback Energy, Inc. (FANG) stock was up 6%, and Occidental Petroleum Corporation (OXY) rose 5%. Defense stocks also climbed before the bell as investors reacted to Israel's strike on Iran. RTX Corporation (RTX) was up 6%, and Lockheed Martin Corporation (LMT) rose 4%. Bitcoin and other cryptocurrencies fell as the Israeli attack on Iran shook global markets. Both of the two major currencies, bitcoin and ether, held significant losses. Bloomberg reports: Read more here. Asian markets sank late Thursday evening as an Israeli attack on Iran shook global markets, leading to widespread sell-offs as investors sought safer assets. Reuters reports: Israel has attacked Iran in the largest recent escalation of tensions in the region. Markets reacted swiftly to the news, with the three major gauges all plunging over 1%. Gold (GC=F) and oil prices surged with investors scurrying to safer assets, hoping to avoid the worst of a financial shake up. Iran is the third largest producer of oil within OPEC+, and the attack has caused prices to surge over 5%. Brent crude (BZ=F) futures jumped 5.5% to $73.27 a barrel while West Texas Intermediate surged 5.9% to $72.05 a barrel. Gold (GC=F) popped 0.9% to $3,434.40 an ounce. A retaliatory attack from Iran against Israel is expected imminently, with a "special situation" being declared by the Isreali defense minister. US Secretary of State Marco Rubio said Israel took "unilateral action", clarifying that the US was not involved in the strikes ahead of a sixth meeting between the US and Iran on Sunday. Read more here. 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CNBC
15 minutes ago
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This includes projects from Big Tech, recent pledges from the Middle East and North Africa region, the Stargate project — which is a joint venture between OpenAI, Oracle and Softbank — and efforts in the European Union . "These should increase the rollout of AI and improve the economics," Bank of America's Israel said. A new driver for leading AI stocks To capture this momentum, major tech companies are building out product portfolios tied to sovereign AI, framing the technology as a catalyst for national economic and industry growth, national security enforcement, and scientific discovery. For starters, Cisco Systems is "the sovereign AI player no one talks about," Reitzes said in a June 2 note to clients. In May, the networking giant announced it would partner with Saudi Arabia's Humain to build AI infrastructure. Reitzes thinks investors are overlooking the value of Cisco's recent deals in the Middle East , as he said greater sovereign demand could lead the company to see a pickup in AI product orders and spur a breakout in shares. He reiterated his buy rating and $78 price target on the stock, which suggests nearly 20% upside from Thursday's close. Cisco shares have risen 8% this year. "Middle Eastern sovereign entities are unproven, and the investment figures seem cartoonish — but Cisco may have achieved the equivalent of adding a hyperscaler to its customer list," Reitzes wrote. "The company boasts an excellent longstanding relationship with the CEO of Saudi's HUMAIN and other leaders of UAE and Qatar entities — who are not short on cash." Cisco has seen rapid growth in its switching business, which has attracted demand from cloud data center customers. In the fiscal third quarter , Cisco's AI infrastructure orders exceeded expectations for the second quarter in a row, Reitzes noted. The company is "getting on the right side of AI, which can help expand its multiple," Reitzes said. "With HUMAIN, UAE and Qatar, these AI orders could multiply — and start to catch investors' attention and contribute to an acceleration in switching later in FY26 and FY27." Analysts have also pointed to chipmakers Nvidia and AMD as the obvious leaders of sovereign AI, given their multiyear AI infrastructure partnerships with Humain. AMD signed a deal with Humain: A $10 billion collaboration to deploy 500 megawatts of AI compute capacity over the next five years. The agreement involves AMD's deployment of its Instinct GPUs, EPYC processors and ROCm open software ecosystem. Nvidia said it is deploying 18,000 of its most advanced GB300 Grace Blackwell chips to Humain. On news of the Humain deal, Bank of America's Vivek Arya reiterated his buy ratings on Nvidia and AMD and lifted his price targets on each stock by $10 to $160 and $130, respectively, citing "upside to long-term AI opportunity." Arya called the Humain partnership "an important win" for AMD. "Conceptually this would be the first time for AMD on a 'similar' footing as NVDA in terms of engagement in large projects," the analyst said in a note. "However, NVDA appears to be getting direct awards, while AMD appears to be engaged in a [joint venture]-like approach (with Cisco) with some unspecified level of investments." The trickle-down impact of sovereign AI investments Analysts and investors think that growth in sovereign AI will have knock-on positive effects on other parts of the AI industry — such as foundry, optical and memory technology companies. In addition to Nvidia and AMD, T. Rowe Price portfolio manager Tony Wang called out Arista Networks and Broadcom as strong plays for exposure to AI leaders as well as to companies building projects abroad. "I think Nvidia would be the most standard way that the world will build on. Broadcom is more custom," he said. Wang manages T. Rowe Price's Science & Technology Fund (PRSCX) , and its holdings include Nvidia, Broadcom, AMD and Arista Networks, as of March 31. Bank of America's Arya named Marvell Technology another beneficiary of the trend and is bullish on the semiconductor company's earnings growth over the next several years. Though Wall Street is growing keen on this trend now, tech CEOs have been calling for the push of government-led AI investments since the early innings of the artificial intelligence boom. Nvidia CEO Jensen Huang and IBM CEO Arvind Krishna have called for countries to continue building out their sovereign AI capabilities. In 2023, Krishna reportedly advocated for governments to set up large language models, national AI computing centers and common data sets for specific use cases. Huang said on Nvidia's May 28 earnings call that "sovereign AI is a new growth engine for Nvidia." During a fireside chat in 2023, he also highlighted "a recognition that every region and every country needs to build their sovereign AI." The call for greater AI investment goes back even further. In 2021, a group of experts chaired by former Google CEO Eric Schmidt warned about increasing competition between the U.S. and China "in the AI era" and suggested a government AI investment plan that wound up very similar to the one U.S. lawmakers proposed in 2024.
