The unit of Nasdaq-listed Sify Technologies Ltd. has begun investor meetings to raise 37 billion rupees ($407 million) through a share sale in mid-March, the people said, asking not to be identified because the information is private. Deliberations are ongoing and details including the timing and valuation of the IPO could still change, they said.Technology firms and investors are ramping up bets on India’s data-center sector, driven by rising digital consumption, the increasing adoption of artificial intel ...

Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing needed to feed AI’s growth. The company is raising money to build additional capacity to meet the contracted demand from the company’s largest cloud customers, including Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc. and xAI Corp., the company said in a statement Sunday. M ...

Exchange-traded funds (ETFs) remain one of the simplest ways to tap into major growth trends without dealing with the volatility that comes from owning a single stock. That balanced approach is particularly appealing in robotics, a sector with a huge runway for long-term growth. Precedence Research values the global technology robotics market at $108.43 billion for 2026, expecting that value to climb 283% by 2035 to $416.26 billion. Where to invest $1,000 right now? Our analyst team just revealed what th ...

A year ago, the Chinese startup DeepSeek freaked out the stock market with the idea that developing artificial intelligence was much easier and cheaper than everyone imagined. But 12 months later, that’s turned out to be largely a mirage so far.DeepSeek erased a record $589 billion from Nvidia Corp.’s market value in one day after the company revealed an AI model thought to be comparable to those of OpenAI and Meta Platforms Inc. and developed at a fraction of the cost. Nvidia’s double-digit plunge led the ...

Core Viewpoint - Memory and storage stocks are currently the hottest trade in the market, driven by the transformative impact of artificial intelligence, leading to elevated valuations that investors are willing to accept despite historical comparisons being deemed irrelevant [1][2]. Group 1: Company Performance - Sandisk Corp., Western Digital Corp., Micron Technology Inc., and Seagate Technology Holdings Plc have been the best-performing shares in the S&P 500 Index since the end of 2024, with Sandisk shares gaining 111% in 2026 [2][3]. - Seagate's earnings multiple is around 24, while Micron is trading at less than 11 times estimated earnings, despite a 36% gain in January [3]. - Analysts have revised Sandisk's net 2026 earnings per share estimates up by 172% in the past three months, with revenue expectations increasing by over 21% [8]. Group 2: Market Dynamics - The memory chip market has historically been cyclical, heavily influenced by the computer and mobile phone industries, leading to periodic gluts and lower valuations [5][6]. - The emergence of AI is fundamentally changing the demand landscape, with significant investments from major companies in memory chips and storage components, suggesting a more sustainable valuation environment [6][7]. - The index of spot prices for DRAM chips has soared recently, indicating accelerated growth and rising memory prices, which analysts believe could persist for two to three years [7]. Group 3: Analyst Sentiment - BNP Paribas upgraded Seagate to outperform, citing robust data center storage demand that could drive a longer upcycle than previously expected [8]. - Despite the positive outlook, Wall Street does not expect significant further climbs for these stocks, with Sandisk trading 32% above its average analyst price target, indicating weaker return potential [9]. - Caution is advised in the near term, as the consensus view suggests that while memory prices will remain strong, the rapid gains may lead to potential market risks [10][11].

Group 1: Company Performance - IREN Ltd. (NASDAQ:IREN) experienced a significant increase of 11.43 percent, closing at $57.82, following two days of losses, driven by higher spending from a major semiconductor manufacturer amid strong AI sector demand [1] - IREN Ltd. received bullish coverage from investment firms HC Wainwright and Bernstein, with HC Wainwright setting a price target of $80, indicating a 38 percent upside potential, while Bernstein reduced its target to $75, still representing a 30 percent upside potential [5] Group 2: Industry Developments - Taiwan Semiconductor Manufacturing Company (TSMC) announced a budget increase of 33 to 37 percent for this year, ranging from $52 billion to $56 billion, compared to $38 billion to $42 billion last year, due to strong semiconductor demand [2] - TSMC reported a 35 percent increase in net income to NT$505.7 billion from NT$374.68 billion year-on-year, and net sales rose by 20.5 percent to NT$1.046 trillion from NT$868.46 billion [4] - Optimism in the market is bolstered by TSMC's strong earnings, positively impacting companies like IREN Ltd. and SuperMicro Computer Inc., which rely on Nvidia Corp.'s GPUs manufactured by TSMC [3]

Core Viewpoint - OpenAI is expanding its hardware supply chain in the US and seeking partners for consumer devices, robotics, and cloud data centers, indicating a significant product expansion in the coming years [1][4]. Group 1: Hardware Supply Chain and Partnerships - OpenAI has issued a request for proposals from US manufacturers for components like silicon, motors, packaging materials, and cooling gear for data centers, although spending details and timelines are not disclosed [2]. - The company plans to invest trillions of dollars in data center expansions, linking this strategy to revenue growth [4]. - OpenAI has acquired an AI device startup co-founded by Jony Ive, aiming to enter the consumer device market, and has partnered with Foxconn to design and manufacture hardware for US data centers [4]. Group 2: Robotics and AI Development - OpenAI's interest in robotics partners indicates a more aggressive move into this sector, with expectations that the robotics industry will grow rapidly [6]. - The company believes that while China currently has hardware advantages, the US may excel in developing the AI capabilities of machines [6]. Group 3: Data Center Innovations - The request for proposals includes ideas for preventing AI chips from overheating, a concern for startups and industrial firms [7]. - Nvidia's upcoming chip generation may reduce the need for traditional cooling equipment, potentially impacting companies that manufacture such products [7].

Core Viewpoint - Intel Corp. shares experienced significant gains following President Trump's endorsement of the company's technological advancements and stock performance, particularly after a meeting with CEO Lip-Bu Tan [1][2]. Group 1: Stock Performance - Intel shares rose 11% to $45.55, marking the largest single-day increase since September 18, 2023, and the stock is up approximately 23% year-to-date [2]. - Since the announcement of the federal government's plan to acquire up to 10% of Intel, the stock has surged about 90%, with the US currently holding a roughly 5.5% stake [1]. Group 2: Company Developments - CEO Lip-Bu Tan has been proactive since taking over in March, focusing on stabilizing Intel's business and securing investments from Nvidia Corp. and SoftBank Group Corp. [3]. - Intel is set to begin shipping its first sub-2-nanometer 18A products by the end of 2025, although it still relies on Taiwan Semiconductor Manufacturing Co. for some chip fabrication [4]. Group 3: Government Investment - The US government's stake in Intel was valued at $5.7 billion when purchased in August, with potential future value contingent on developments, estimated at $27.7 billion if all shares were owned [6]. - Trump's claim of "Tens of Billions of Dollars for the American People" from the investment does not reflect the current actual gains, which are less than that [5].

Core Insights - Altimeter Capital has exited its significant position in Meta Platforms Inc. due to concerns about its leadership in artificial intelligence [1][4] - Founder Brad Gerstner highlighted that Meta is not currently a market leader in AI, despite its recent efforts [3][4] - The firm has shifted its investment focus towards infrastructure companies benefiting from the AI boom, such as Nvidia and Taiwan Semiconductor [4][5] Investment Strategy - Gerstner prefers to invest in companies with lower multiples and clearer growth catalysts in the current market environment [4] - Altimeter has made substantial investments in AI infrastructure, with major tech companies projected to spend over $500 billion on capital expenditures by 2026 [5] - Nvidia is defended against valuation concerns, with expected earnings growth of 65% this year, making its current multiple of around 25 times earnings reasonable [6] Meta Performance - Meta's shares have declined by 8.04% over the last six months but have increased by 6.92% over the past year [7] - On the latest trading day, Meta's shares rose by 0.28% to $660.62 but fell by 0.21% in after-hours trading [7]

Core Insights - The artificial intelligence trade is evolving, with investors increasingly focusing on technology "pick-and-shovel" stocks as major cloud service providers invest billions in new data centers [1] Group 1: Market Performance - Data storage companies have become dominant in the S&P 500 Index in 2025, with Sandisk Corp. shares increasing by nearly 580%, making it the best performer in the index [2] - Western Digital Corp. and Seagate Technology Holdings Plc also performed well, ranking second and fourth respectively in the S&P 500 [2] - Nvidia Corp., previously a top AI stock, gained 40% in 2025, ranking 71st in the index, indicating a shift in market dynamics [3] Group 2: Investment Strategies - Investors are advised to look beyond traditional tech stocks to identify themes that will drive sales and earnings growth, with AI being a significant theme [4] - There is potential for better valuations by investing in companies benefiting from hyperscalers' spending on data centers, rather than directly in hyperscalers themselves [4][5] - Portfolio managers emphasize focusing on lesser-known companies that provide essential services and products for AI growth, rather than established hyperscalers [5] Group 3: Market Concerns - There are concerns on Wall Street regarding a potential slowdown in spending related to AI, which could negatively impact stocks tied to this sector [5] - Historical parallels are drawn to the pandemic, where demand for certain products surged but later led to a market glut, affecting suppliers dramatically [6]