Ed Zitron, a technology expert, argues that up to 75% of Nvidia's 3 million GPUs sold are not yet deployed in data centers, which are progressing slower than expected. His research suggests many announced AI data center projects, including those by Microsoft, are either incomplete or not generating revenue, challenging claims of rapid AI infrastructure growth. This slow deployment and unclear communication from big tech raise concerns about the sustainability of the AI investment boom. Investors should watch for clearer updates on data center completions and actual AI demand.
Two major Nvidia shareholders, Altimeter Capital and Atreides Management, have called on Nvidia's board to conduct a slow and deliberate CEO search that includes the possibility of Jensen Huang returning. Huang resigned as CEO amid an investigation i...
Nvidia CEO Jensen Huang's departure has triggered investigations and government responses across Asia due to allegations of espionage linked to a former executive. China denies spying claims and stresses opposition to export controls affecting chip s...
The recent decline in AI-related stocks is viewed as a buying opportunity due to strong earnings growth from major cloud providers and increasing AI usage. Amazon's Bedrock service volumes surged nearly 17 times, and Alphabet's AI models now process ...
The NEOS Nasdaq-100 High Income ETF (QQQI) currently yields about 14.96%, significantly higher than the 10-year Treasury, driven by its monthly income strategy and option overlay. Despite recent tech sector volatility and challenges like semiconducto...
Wall Street ended the week higher with the Dow up 2%, S&P 500 up 2.5%, and Nasdaq up 2.2%, despite ongoing inflation concerns and the surprise resignation of Nvidia's CEO Jensen Huang. October's U.S. inflation data showed a 0.4% monthly increase, hig...
