Tech giants like NVIDIA Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are thriving amid what market strategist Larry McDonald calls a "middle-class rip-off," as electricity costs tied to AI data centers soar.NVDA stock just reached an all-time high. See all the details here. McDonald warned about the prosperity of AI being unevenly distributed in a social media post. Read Next: President Trump Lights Up Cannabis Stocks With Pro-CBD Truth Social Post "ALERT – Nvidi ...

Meanwhile, we are watching shares of Cororeweave. They are surging today after signing a 14 billion dollar AI infrastructure deal with Meta. The announcement comes just days after Cororeweave expanded an agreement with OpenAI.Our next guest is bullish on the company, initiating coverage of Coree with a buy rating, a $175 price target earlier today. Joining us now, Amit Dariani, senior managing director at Everore ISI. Amit, great to have you with us.Um it it sounds like you started your initiation prior to ...

Core Insights - NVIDIA and OpenAI have formed a $100 billion partnership to develop over 10 gigawatts of AI infrastructure, significantly larger than the Manhattan Project, potentially leading to a $2 trillion increase in global AI data-center spending [1][4] - OpenAI will manage the model and infrastructure software, while NVIDIA will supply the necessary systems, including GPUs and networking, with the first phase expected to launch in the second half of 2026 [2][3] - This partnership is seen as a pivotal advancement for the AI industry, with both companies emphasizing the critical role of computing infrastructure in the future economy [3][4] Industry Impact - The investment wave is expected to benefit several companies, including NVIDIA, Broadcom, Oracle, Taiwan Semiconductor, Arista Networks, SanDisk, CoreWeave, and Super Micro Systems, all positioned to capitalize on the anticipated $2 trillion investment in AI infrastructure [5] - The trend indicates a significant influx of capital into AI infrastructure, suggesting that companies well-positioned to capture this spending are likely to experience substantial growth [5][6] - The ongoing investment in AI infrastructure is also anticipated to catalyze a robotics revolution, extending the impact of intelligent machines beyond cloud computing into physical applications [6]

Well, AI infrastructure company Cerebra Systems announcing the completion of new series G funding round. They raised $1.1% billion. They have now an 8.1% billion post money valuation.Cerebra Systems founder and CEO Andrew Feldman joins us. It's a first on CNBC. Good to have you, Andrew.Uh you Thank you for having me. You're welcome. You pitch yourself as a more efficient alternative to Nvidia.That sounds quite promising, but what does that mean and what evidence do you have to support that contention. Well, ...

Apple revolutionized the world of computing and communications.Many tech companies have seen earnings and stock performance soar in recent years. But Apple (AAPL -0.43%) stands out as a company that's not only done that -- but it's also become a household name. Thanks to the company's strong leadership, from co-founder Steve Jobs to current chief executive officer Tim Cook, and wildly popular products like the iPhone and Mac, Apple took the spotlight, and importantly, has stayed there.Could another company ...

After building a career trading new and niche markets, Don Wilson has his sights set on the GPUs powering AI.The founder and CEO of DRW joins @TheStalwart and @tracyalloway to discuss the evolution of trading and why he thinks most assets (and maybe even all of them) will be tokenized within the next five years https://t.co/qoGXjc1GMM ...

We recently published 10 Buzzing Tech and AI Stocks Everyone’s Talking About. Intel Corp (NASDAQ:INTC) is one of the stocks analysts were recently talking about. Thomas Hayes from Great Hill Capital said in a recent program on Schwab Network that he likes Intel because he believes the US government having a stake in the company will boost the chipmaker’s sales globally. He also believes Nvidia needs Intel. The analyst believes Intel could be a multibagger stock.   “You think President Trump is selling B ...

Just as Open AI CEO Sam Altman and Meta leader Mark Zuckerberg begin acknowledging that there may be truth to the warnings of an AI bubble, Jensen Huang is doubling down on his bullishness. In a recent podcast appearance with Bill Gurley and Brad Gerstner, the Nvidia CEO brushed aside the growing caution and instead zeroed in on the company he sees as the next dominant force: OpenAI. “OpenAI is very likely going to be the world’s next multitrillion-dollar hyperscale company,” Huang said. That bold predic ...

Micron Technology ((MU) has been on fire in recent months, riding the wave of the AI infrastructure boom alongside leaders like Nvidia ((NVDA) and Vertiv ((VRT). As demand for high-performance memory and storage surges for AI applications, Micron has reemerged as one of the most compelling opportunities in the market.The fundamentals are backing up the momentum. Analysts have sharply revised earnings estimates higher, propelling the stock to a top Zacks Rank. Despite the rally, MU still trades at a very rea ...

After building a career trading new and niche markets, Don Wilson has his sights set on the GPUs powering AI.The founder and CEO of DRW joins @TheStalwart and @tracyalloway to discuss the evolution of trading and why he thinks most assets (and maybe even all of them) will be tokenized within the next five years https://t.co/qoGXjc1GMM ...