Louis Navellier has blunt message on Nvidia’s reign before earnings
AI developers are consistently demanding more power, driving the AI boom and proving beneficial for Nvidia (NVDA). The company is increasingly vertically integrated, acquiring interests in businesses that provide power for data centers, whether through traditional or alternative sources. Nvidia is also reportedly in advanced negotiations to acquire a stake in Cloverleaf Infrastructure, a firm that manages power supply for data centers.
Additionally, NVDA has a minority stake in SoftBank's SB Energy, a deal linked to a 20-year megacampus in Ohio leased by OpenAI. Furthermore, Nvidia invested $2 billion in Lancium, the power developer behind a data center campus in Abilene, Texas, where OpenAI rents computing power from Oracle.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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