Listen to the audio version of this article (generated by AI). Before we begin, a reminder that our InvestorPlace offices are closed today in honor of Labor Day. If you need help from our Customer Service Department, they’ll be happy to assist you when we reopen tomorrow. Have a wonderful Labor Day! Elon Musk doesn’t ...
Key Points SpaceX has businesses in three fast-growing segments: space exploration, connectivity, and artificial intelligence (AI) infrastructure. Despite its diversification and close work with large enterprises, the U.S. government, and AI hyperscalers, SpaceX is only on pace to generate about $45 billion of revenue this year. Musk has a long history of missing his promised ...
The AI race just left the chatbot behind. Tesla just unveiled a car with no steering wheel, Grok already runs the cabin of millions of Teslas, and a Silicon Valley VC says the Optimus robot will be bigger than the iPhone. Here’s what’s real, what’s hype, and — once the noise clears — what the ...
Key Points Rumors suggest Apple will soon unveil a new foldable iPhone. Reports suggest the device faces production issues due to Apple’s strict quality standards. Apple is viewed as a premium device maker for a reason. 10 stocks we like better than Apple › Shares of Apple (NASDAQ: AAPL) got bruised on Friday, slipping as ...
Key Points Nvidia expects fiscal 2028 revenue growth of about 70%, even though customer forecasts point to stronger demand. Nvidia has increased its supply and capacity commitments from $119 billion to $279 billion as it prepares for future AI infrastructure demand. Nvidia’s revenue opportunity per gigawatt could rise from about $18 billion with Hopper GPUs ...
Key Points Tech companies will spend an estimated $1 trillion on AI infrastructure in 2027. AMD’s GPU and CPU sales are rising fast, and the company will likely benefit from agentic AI spending. But Nvidia’s shares are cheaper than AMD’s, and management estimates Nvidia’s total revenue will rise by 89% as tech companies continue to ...
These companies deserve a very close look right now. Listen to the audio version of this article (generated by AI). Editor’s Note: Years ago, my colleague InvestorPlace Senior Analyst Luke Lango recommended Nvidia when it was still best known as a supplier of specialized chips to other technology companies. As Nvidia has grown to maintain ...
Key Points Nvidia increased its supply commitments by $160 billion last quarter, mostly related to memory. SK Hynix said the memory chip supply shortage could last longer than anyone expects. The market’s reaction to both items is telling. 10 stocks we like better than Micron Technology › Micron Technology (NASDAQ: MU) has seen its revenue ...
Something around September 24 could clear the way for his next move. Here’s what he’ll have to buy first. Listen to the audio version of this article (generated by AI). One of the most profitable questions investors can ask during a massive investment boom is surprisingly simple: What’s becoming scarce? Our technology expert, Luke Lango, ...
Microsoft‘s (NASDAQ: MSFT) stock is down more than 11% over the last month, brought down by multiple factors. A tech sell-off kicked off in July, fueled by concerns in the chip market and the beginning of earnings season. Then, Microsoft’s stock was brought down further when the company released its fourth quarter of 2024 results. ...
