Nvidia stock climbs 1200% as AI data center spending surges

Key Takeaways

• Nvidia's stock has climbed 1,200% over the past five years, but is now the second cheapest of the Magnificent Seven tech stocks.
• Nvidia and AMD are poised to benefit from the surge in AI data center spending, with Nvidia expected to generate $91 billion in revenue for the current quarter.
• Stanley Druckenmiller has sold his shares of Alphabet and invested in AI hardware stocks, including Sandisk, Micron Technology, and Broadcom.
• Businesses are recognizing the need for ongoing testing and governance to ensure safe AI use.
• Snowflake has achieved IRAP Protected assessment on Google Cloud, enabling Australian government agencies to run sensitive data workloads on the platform.
• The recent surge in bond yields may be driven by the significant increase in AI capex, which is expected to reach $725 billion this year.
• Micron Technology's memory sales grew 20% year-over-year in the latest quarter, driven by the growing demand for AI and cloud computing.
• Quotient Sciences has advanced an AI-designed drug product into clinical development.
• Animoca Brands has invested $1M in Superior.Trade to power AI trading agents through its Minds platform.
• AI scams are on the rise, with cybercriminals using AI-powered tools to create convincing fake websites, emails, and digital avatars.

Nvidia now second cheapest AI stock

Nvidia, a leading AI chip giant, has seen its stock climb 1,200% over the past five years. Despite its impressive growth, Nvidia is now the second cheapest of the Magnificent Seven tech stocks, trading at 24x forward earnings estimates. The company's stock has been under pressure due to valuation concerns, but its growth opportunity is expected to continue. Nvidia is set to launch its next platform, Vera Rubin, to serve the agentic AI era, which could drive new growth.

Top AI stocks to benefit from $725B AI infrastructure boom

The AI infrastructure boom is expected to drive significant growth for certain chip stocks. Nvidia, Advanced Micro Devices (AMD), Broadcom, and other companies are poised to benefit from the surge in AI data center spending. Nvidia is expected to generate $91 billion in revenue for the current quarter, with a strong growth outlook. AMD also anticipates 46% year-over-year revenue growth in the current quarter, driven by its AI chip business.

Druckenmiller exits Alphabet, buys AI hardware stocks

Famed investor Stanley Druckenmiller has sold his shares of Alphabet and invested in AI hardware stocks, including Sandisk, Micron Technology, Seagate Technology, Broadcom, and Arm Holdings. These companies are involved in memory and storage, as well as custom silicon, which are critical components for AI infrastructure. Druckenmiller's move reflects his bullish outlook on AI hardware, which is expected to drive growth in the industry.

AI scams on the rise, experts warn

Online scams have evolved in the AI era, with cybercriminals using AI-powered tools to create convincing fake websites, emails, and digital avatars. The FBI reported that cybercriminals defrauded Americans of nearly $21 billion last year. Experts warn that we need to rethink our approach to protecting ourselves from online fraud, as traditional red flags are no longer effective.

Businesses integrate AI security into operations

As more businesses adopt AI tools, security conversations are shifting to broader questions about data protection, oversight, and permissions. Companies are recognizing the need for ongoing testing and governance to ensure safe AI use. AI security requires regular review, not a one-time approval, to address risks tied to prompt injection, insecure plugins, and other threats.

Ceres Power leads FTSE 250 AI stock surge

Ceres Power Holdings, a UK-based power company, has seen its stock surge 268% in 2026, driven by enthusiasm for AI stocks. The company specializes in solid oxide fuel cell technology and has won major deals to power data centers in China and Europe. Despite its high valuation, Ceres Power is seen as a beneficiary of the AI boom.

Snowflake achieves Protected Level on Google Cloud

Snowflake has achieved IRAP Protected assessment on Google Cloud, enabling Australian government agencies to run sensitive data workloads on the platform. This milestone builds on Snowflake's existing support for protected workloads in Australia on AWS and Azure. The assessment was performed by third-party assessors endorsed by the Australian Signals Directorate.

AI drives bond yields higher

The recent surge in bond yields may be driven by the significant increase in AI capex, which is expected to reach $725 billion this year. The 'Magnificent Seven' tech companies, including Amazon and Microsoft, have raised their AI capex guidance, driving growth in GDP momentum. This trend could lead to higher interest rates.

Micron Technology proves AI memory boom is not cyclical

Micron Technology's latest earnings report showed that its memory business is still growing, driven by strong demand from cloud computing and AI customers. The company's memory sales grew 20% year-over-year in the latest quarter, driven by the growing demand for AI and cloud computing. This milestone shows that the AI memory boom is not just a fad.

Quotient Sciences advances AI-designed drug into clinical development

Quotient Sciences has advanced an AI-designed drug product into clinical development, marking a significant milestone in harnessing AI for drug development. The company's AI-driven formulation development program enables pharmaceutical and biotech partners to make faster, more informed decisions earlier in the development process.

Animoca Brands invests in AI trading agents

Animoca Brands has invested $1M in Superior.Trade to power AI trading agents through its Minds platform. The investment pairs Animoca's sovereign AI agent infrastructure with Superior.Trade's trading execution layer, enabling AI agents to autonomously execute trading strategies.

Sources

• Surprise! This AI Giant That's Climbed 1,200% Over 5 Years is Now the Second Cheapest of the Magnificent Seven
• My Top 4 Stocks That Benefit Most from the $725 Billion AI Infrastructure Supercycle
• Famed Investor Stanley Druckenmiller Sold Every Share of Alphabet. He Just Bought 5 AI Hardware Stocks Instead.
• Online Scams Have Evolved in the A.I. Era. Here’s What to Do.
• AI Security Is Becoming Part of Everyday Business Operations
• Up 268% in 2026, Ceres Power is the FTSE’s hottest AI stock
• Snowflake Hits Protected Level on Google Cloud
• Last Year, New Fed Chair Kevin Warsh Believed Artificial Intelligence Would Pave the Way for Interest Rate Cuts. Now, It's Doing the Exact Opposite.
• Micron Technology Just Proved the AI Memory Boom Is Not Cyclical. Here's Why.
• Quotient Sciences Advances AI-Designed Drug Product into Clinical Development
• Animoca Brands invests $1M in Superior.Trade to power AI trading agents through Minds platform