NVIDIA and AMD are well-positioned to benefit from the data center boom, driven by demand for AI and cloud computing. NVIDIA's graphics processing units are used in various applications, including data centers, while AMD's EPYC processors are used in cloud computing and artificial intelligence applications.
Alphabet, the parent company of Google, and NVIDIA are considered two AI stocks that could be worth holding for the next 20 years. Both companies have a strong track record of innovation and are well-positioned to benefit from the growth of AI and cloud computing.
The AI investment frenzy continues, with companies like Allbirds and SpaceX making headlines. Allbirds has changed its name to Smartbird, marking its transformation from a shoemaker to an AI infrastructure firm. SpaceX's stock soared, and the company's AI investments are gaining attention.
Elastic NV has acquired Deductive AI Inc., a startup that helps enterprises fix errors in their technology infrastructure using AI. California is using six automated systems to make consequential decisions about the lives of Californians, providing transparency into how governments are using decision-making systems.
China is planning to take AI datacenters to space, with a goal of scaling to 2,800 satellites and 1,000 POPS of pooled compute by 2032. C3.ai's CFO sold 34,000 shares of the company's stock, while Extreme Networks is an overlooked AI stock in Donald Trump's portfolio.
Nobel Prize winner John Jumper is leaving Google DeepMind to join Anthropic, where he will work on AI coding development.
Key Takeaways
['NVIDIA and AMD are well-positioned to benefit from the data center boom driven by AI and cloud computing demand.', 'Alphabet and NVIDIA are considered two AI stocks worth holding for the next 20 years due to their strong innovation track record.', 'The AI investment frenzy continues with companies like Allbirds and SpaceX making headlines.', 'Elastic NV acquired Deductive AI Inc. to help enterprises fix errors in their technology infrastructure using AI.', "California is using six automated systems to make consequential decisions about citizens' lives.", 'China plans to take AI datacenters to space, scaling to 2,800 satellites and 1,000 POPS by 2032.', "C3.ai's CFO sold 34,000 shares of the company's stock.", "Extreme Networks is an overlooked AI stock in Donald Trump's portfolio.", 'Nobel Prize winner John Jumper left Google DeepMind to join Anthropic.', "Anthropic's Claude is involved in AI developments."]NVIDIA and AMD Boost Data Center Boom
The data center boom is driving demand for AI stocks like NVIDIA and Advanced Micro Devices. NVIDIA's graphics processing units are used in various applications, including data centers. The company's data center business is growing rapidly. Advanced Micro Devices' EPYC processors are used in cloud computing and artificial intelligence applications. Both companies are well-positioned to benefit from the data center boom.
Two Top AI Stocks to Buy and Hold
NVIDIA and Alphabet are two AI stocks that could be worth holding for the next 20 years. NVIDIA is a leading provider of graphics processing units and high-performance computing hardware. Alphabet is the parent company of Google and a leader in AI technology development. Both companies have a strong track record of innovation and are well-positioned to benefit from the growth of AI and cloud computing.
AI Investment Frenzy
The AI investment frenzy continues with companies like Allbirds and SpaceX making headlines. Allbirds has changed its name to Smartbird, marking its transformation from a shoemaker to an AI infrastructure firm. SpaceX's stock soared, and the company's AI investments are gaining attention.
Three 'Forever Stocks' for the AI Age
Block Inc., Royalty Pharma Plc, and Equinor ASA are three stocks considered 'Forever Stocks' for the AI age. Block Inc. provides payment and financial services, Royalty Pharma Plc manages a portfolio of royalties on approved and development-stage drugs, and Equinor ASA is a leading energy company in Norway. These stocks are expected to perform well in the long term.
Elastic Acquires Deductive AI
Elastic NV has reportedly acquired Deductive AI Inc., a startup that helps enterprises fix errors in their technology infrastructure. Deductive AI's platform uses AI to troubleshoot malfunctions and optimize the reliability of a company's infrastructure.
California Admits Using High-Risk AI
California is using six automated systems to make consequential decisions about the lives of Californians. The systems are used to predict whether incarcerated people will re-offend, evaluate unemployment claims, and remotely administer exams. The state's report on its use of AI systems provides transparency into how governments are using decision-making systems.
China Plans AI Datacenters in Space
China is planning to take AI datacenters to space, with a goal of scaling to 2,800 satellites and 1,000 POPS of pooled compute by 2032. The country's labs are working on radiation-hardened space-native AI chips, and a strategic agreement has been signed with Tencent.
C3.ai's CFO Sells Shares
C3.ai's CFO David O'Hara sold 34,000 shares of the company's stock. The sale was made as part of O'Hara's exercise of stock options. The sale is a notable one, as it comes at a time when the company's stock price has been under pressure.
Overlooked AI Stock in Trump's Portfolio
Extreme Networks (NASDAQ:EXTR) is an overlooked AI stock in Donald Trump's portfolio. The company provides network infrastructure solutions for enterprises and service providers.
Trader Claude's: June 20, 2026, Netherlands Match Day Showdown
The article discusses the author's AI portfolio and investment decisions, including holdings in NVIDIA Corp., Ethereum, and a Netherlands vs Sweden soccer match.
Nobel Prize Winner Leaves Google
John Jumper, a Nobel Prize winner, is leaving Google DeepMind to join Anthropic. Jumper was a key member of Google's AI coding development team.
Sources
- 2 Pick-and-Shovel AI Stocks Powering the Data Center Boom
- 2 Magnificent Artificial Intelligence (AI) Stocks to Buy and Hold for the Next 20 Years
- AI Weekly: sneakers and SpaceX fuel AI investment frenzy
- Three “Forever Stocks” for the AI Age
- Elastic reportedly acquires site reliability engineering startup Deductive AI
- California admits using high-risk AI — including systems it previously failed to report
- China Appears To Be Planning To Take AI Datacenters To Space
- C3.ai's CFO Sold Over 34,000 Company Shares. Here's What That Means for Investors.
- Forget SpaceX: See This Overlooked AI Stock in Donald Trump’s Portfolio
- Trader Claude's: June 20, 2026, Netherlands Match Day Showdown
- Nobel Prize Winner John Jumper Quits Google DeepMind For Anthropic
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