Jim Cramer urges buying the Magnificent Seven stocks ahead of AI profits, but market strategist Lo Toney highlights a split: hyperscalers like Google, Microsoft, and Amazon investing heavily in AI infrastructure are trailing the S&P 500, while NVIDIA, a key AI chip supplier, outperforms with strong revenue growth. The heavy capital expenditures by hyperscalers are causing short-term underperformance, whereas NVIDIA benefits by selling to these companies. Alphabet stands out as a value play with diverse AI monetization paths but has seen limited market reward so far. This split suggests differing risk and return profiles within the group as AI investments mature.
Nvidia CEO Jensen Huang visited Kazakhstan, highlighting its potential as a major AI computing hub for Europe due to its energy resources and data center expansion plans. Kazakhstan is investing $10 billion in AI infrastructure, including a computing...
Ride-hailing company inDrive is partnering with Chinese autonomous vehicle firm Pony.ai and Nvidia to test robotaxis in Kazakhstan starting in 2027. The tests will begin in Astana with safety operators, aiming for fully driverless rides eventually. P...
Nvidia Corporation is rated a Strong Buy with a price target of $447, implying about 101% upside. The company is transforming into a central player in the AI economy by providing key infrastructure and governance. Strategic moves like acquiring Huggi...
Altimeter Capital's Brad Gerstner highlights SpaceX's massive $400 billion investment to build 10 GW of computing power next year, aiming to dominate the emerging superintelligence era. This scale could represent 25% of new U.S. compute capacity, fue...
Karman has enabled NexGen Cloud to increase AI compute capacity by 60% within the same power budget at its Montreal data center by using its AI-driven power orchestration platform. This technology allows 16 NVIDIA B300 servers to run within the power...
