October 12, 2025

finance  
nvidia, openai and google Updates

The artificial intelligence sector continues to see significant investment and strategic moves, despite market fluctuations. Nvidia remains a central player, with hedge fund giant Citadel, led by Ken Griffin, increasing its stake in the AI chip maker while selling off Broadcom. This focus on Nvidia underscores its critical role in providing the GPUs essential for AI tasks. Meanwhile, OpenAI has secured a massive six-year, $100 billion deal with Nvidia, highlighting a substantial demand and shortage in AI computing power, with customers reportedly lining up years in advance for Nvidia's chips. Alphabet is also making substantial investments, committing €5 billion to Belgium over two years for data centers and AI training, alongside a YouTube policy change. BMO Capital Markets has raised its price target for Alphabet to $294, recognizing its growing AI leadership across Search, Cloud, and YouTube. Elastic NV is bolstering its AI capabilities with a new GPU-accelerated Elastic Inference Service and is returning $500 million to shareholders through a repurchase program, signaling confidence in its growth. Other AI-focused companies like Marvell Technology are also showing strong performance and attractive valuations, positioning them as potential winners in the AI trend. In a different segment, TradeSmith is preparing to unveil its AI Super Portfolio and Super AI system at an event on October 15, 2025, led by CEO Keith Kaplan, aiming to educate investors on AI's role in stock selection. However, the broader market experienced a sell-off due to threats of increased tariffs on Chinese imports, though some AI stocks like Emcor, Comfort Systems USA, and American Superconductor demonstrated resilience.

Key Takeaways

  • Nvidia is a key focus for investors, with Citadel significantly increasing its stake in the AI chip maker.
  • OpenAI has entered into a six-year, $100 billion deal with Nvidia, indicating a high demand for AI computing power.
  • Alphabet is investing €5 billion in Belgium to expand data centers and AI training capabilities.
  • BMO Capital Markets raised Alphabet's price target to $294, citing its AI strength in Search, Cloud, and YouTube.
  • Elastic NV is enhancing its AI offerings with a new inference service and initiating a $500 million share repurchase program.
  • Marvell Technology is noted for its strong performance and attractive valuation within the growing AI trend.
  • TradeSmith, led by Keith Kaplan, will introduce its AI Super Portfolio and Super AI system on October 15, 2025.
  • Market sell-offs occurred due to tariff threats, but some AI stocks like Emcor, Comfort Systems USA, and American Superconductor showed resilience.
  • Elastic's new AI service simplifies AI model deployment for businesses on Elastic Cloud.
  • The Nvidia-OpenAI deal underscores a significant shortage in AI compute power.

TradeSmith reveals AI Super Portfolio at October 15 event

TradeSmith will host a Super AI Trading Event on October 15, 2025, at 10 AM ET. CEO Keith Kaplan will introduce the Super AI system and unveil the AI Super Portfolio, a stock selection strategy using AI insights. Attendees will see a live demo, receive a special report, and get temporary free access to the Super AI platform. The event aims to educate on AI's role in investing and how to use the system.

TradeSmith unveils AI Super Portfolio at October 15 event

TradeSmith is holding a Super AI Trading Event on October 15, 2025, at 10 AM ET, featuring CEO Keith Kaplan. The event will showcase the Super AI system and introduce the AI Super Portfolio, designed to use AI for stock selection. Attendees will get a live demonstration, a special report, and free temporary access to the Super AI platform. The goal is to teach participants about AI in investing and how to use the system for better decisions.

Trump tariffs trigger stock sell-off; three AI stocks remain strong

President Donald Trump's threat to increase tariffs on Chinese imports caused a major stock market sell-off on Friday, impacting many AI stocks. Despite the market downturn, artificial intelligence is still seen as a key growth theme for investors. Three AI stocks, Emcor (EME), Comfort Systems USA (FIX), and American Superconductor (AMSC), showed resilience by falling less than others on the IBD 50 list.

Ken Griffin's Citadel sells Broadcom, buys more Nvidia AI stock

Hedge fund giant Citadel, led by Ken Griffin, sold over 80% of its Broadcom stock in the second quarter. The fund instead significantly increased its investment in Nvidia, a leading AI chip maker. Broadcom makes custom chips for AI, while Nvidia provides GPUs essential for AI tasks. This move suggests a shift in focus towards Nvidia's dominant position in the AI hardware market.

Elastic boosts AI and returns $500M to shareholders

Elastic NV is enhancing its AI capabilities with the new Elastic Inference Service, a GPU-accelerated product for AI and search on Elastic Cloud. This service simplifies AI model deployment for businesses. Additionally, the company announced a $500 million share repurchase program, showing confidence in its future and commitment to shareholder value. These moves position Elastic as a key player in generative AI and aim to drive growth and efficiency.

Marvell Technology: An overlooked AI stock winner

Marvell Technology (MRVL) shows strong performance and is well-positioned for the growing AI trend, though it receives less attention than competitors. The company achieved 58% year-over-year revenue growth, improved its profit margins, and is actively buying back shares, indicating management confidence. Its valuation is attractive, with future profits expected to grow faster than its stock price.

Alphabet invests €5B in Belgium AI and YouTube policy change

Alphabet is investing €5 billion in Belgium over two years to expand data centers and create 300 jobs, focusing on clean energy and AI training. This is part of a global strategy to boost AI and cloud capabilities. Meanwhile, YouTube is introducing a new policy allowing previously banned creators to reapply for a new channel, excluding those with severe violations. These moves aim to strengthen Alphabet's AI leadership and address platform issues.

Top AI stocks to watch: BigBear.ai, SoundHound AI, Tempus AI

Five Artificial Intelligence stocks are highlighted for investors: BigBear.ai, SoundHound AI, Tempus AI, Hut 8, and Upstart. These companies are developing and applying AI technologies like machine learning and natural language processing. As AI integrates across industries, these firms are positioned for growth. Investors should research each company's specific risks and potential before investing.

BMO raises Alphabet price target to $294 on AI strength

BMO Capital Markets has reiterated an 'Outperform' rating on Alphabet (GOOGL) and raised its price target to $294, citing the company's growing leadership in AI for Search, Cloud, and YouTube. Analyst Daniel Salmon noted that Alphabet's AI advancements are yielding tangible business results. The increased target reflects confidence in Alphabet's ability to capitalize on the AI revolution and its strong position in the market.

Nvidia-OpenAI deal highlights AI compute shortage

The recent $100 billion, six-year deal between NVIDIA and OpenAI signals a significant shortage of computing power for artificial intelligence. Analyst Stacy Rasgon stated that customers are lining up years in advance for NVIDIA's AI chips, highlighting the company's dominance in the market. This partnership is seen as a major win for both NVIDIA, securing a large order, and OpenAI, gaining the necessary resources to develop its AI models.

Sources

AI Super Portfolio TradeSmith AI Trading Event Keith Kaplan AI system stock selection AI insights live demo Super AI platform AI in investing Trump tariffs stock sell-off AI stocks artificial intelligence Emcor Comfort Systems USA American Superconductor IBD 50 list Ken Griffin Citadel Broadcom Nvidia AI chip maker custom chips GPUs AI hardware Elastic Elastic Inference Service GPU-accelerated AI Cloud AI model deployment share repurchase program generative AI Marvell Technology AI trend revenue growth profit margins share buybacks Alphabet Belgium data centers clean energy AI training cloud capabilities YouTube platform policy BigBear.ai SoundHound AI Tempus AI Hut 8 Upstart machine learning natural language processing BMO Capital Markets price target Alphabet AI AI advancements Nvidia-OpenAI deal AI compute shortage AI chips computing power