Today, August 27, is Nvidia’s turning point. A new era of AI is here, and companies are fighting for your investment.
What will be the biggest story from Nvidia's earnings report today?
On one side, you have NVIDIA, the chip giant that basically owns AI. On the other, CoreWeave, an upstart that went from mining crypto to powering ChatGPT.
Here's the thing: AI infrastructure spending is about to explode from $87.6 billion this year to nearly $200 billion by 2030. That's a 17.7% AGR that makes your savings account look like a rounding error.
But which stock should you buy? After a deep dive into the numbers, NVIDIA wins for most investors.
What about CoreWeave?
NVIDIA owns $4.33 billion worth of CoreWeave stock, about 24 million shares. They're not just selling chips; they're betting on the entire AI ecosystem. Here's why and when CoreWeave might make sense for your portfolio.
