Nvidia announced a $1.5 billion investment in SB Energy, a data center developer connected to SoftBank and OpenAI, securing its role as the sole supplier of computing infrastructure for OpenAI's Ports-Pike data center in Ohio. Nvidia will also extend up to $105 billion in credit to support the facility's expansion from 4.25 to 8 gigawatts. The project includes building a $33 billion natural gas power plant on a former U.S. Department of Energy site, highlighting rising costs and future competition in natural gas markets. This investment strengthens Nvidia's position in AI infrastructure amid growing demand for advanced computing power.
Marvell Technology has delivered a 242% gain over the past year and is expected to continue growing due to accelerating AI infrastructure spending and custom silicon revenue set to more than double in fiscal 2028. The company reported strong Q2 fisca...
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...
Microsoft's stock has been flat over the past year, but strong fundamentals driven by AI and cloud growth suggest a significant upside. Azure revenue grew 43% year-over-year, crossing $100 billion annually, while AI products like Microsoft 365 Copilo...
NVIDIA's stock has surged 14,700% over the past decade, driven by its leadership in AI hardware. The company reported strong fiscal Q2 results with revenue up 106% year-over-year and expects 70% revenue growth in fiscal 2028, constrained by supply. A...
Nvidia's top insider, Director Mark Stevens, sold nearly $650 million worth of shares in two transactions, including the largest insider sale of the decade for Nvidia. This insider selling is part of a broader trend among big tech companies like Micr...
