AI Spending Looks Poised to Soar. Here Are 2 Stocks That Could Benefit.

Group 1 - Investors are witnessing a significant ramp-up in artificial intelligence (AI) capital spending, with major companies like OpenAI, Oracle, and SoftBank announcing new U.S. data center sites under the Stargate program, targeting nearly 7 gigawatts of capacity and over $400 billion in investments over the next three years [1] - CoreWeave disclosed a multibillion-dollar contract with OpenAI, indicating a strong spending backdrop that is creating potential investment opportunities in the AI sector [2] - CoreWeave and Oracle are identified as direct beneficiaries of the rising demand for AI infrastructure, with CoreWeave being a pure-play AI cloud company and Oracle providing a scaled enterprise platform with high demand for its cloud infrastructure [3] Group 2 - CoreWeave's revenue surged to approximately $1.21 billion in Q2 2025, up from $395 million a year ago, with a reported revenue backlog of $30.1 billion and significant wins across AI labs and enterprises [5] - CoreWeave's contracts with OpenAI have expanded significantly, with a total contract value of roughly $22.4 billion for 2025, indicating strong demand visibility if deployments proceed as planned [6] - Despite strong adjusted EBITDA, CoreWeave remains unprofitable on a GAAP basis, reporting a net loss of about $291 million in Q2, highlighting the gap between GAAP losses and non-GAAP profitability [7] Group 3 - Customer concentration risk exists for CoreWeave, as OpenAI constitutes a growing portion of its backlog, and the company's buildout requires substantial ongoing capital [8] - Both CoreWeave and Oracle present interesting opportunities for small positions, but their valuations and concentration risks warrant caution [9]