Latest news with #hyperscaler
Yahoo
23-05-2025
- Business
- Yahoo
Navitas Semiconductor Corporation (NVTS) Launches 12kW PSU, Powers Next-Gen AI Data Centers
We recently published a list of . In this article, we are going to take a look at where Navitas Semiconductor Corporation (NASDAQ:NVTS) stands against other AI stocks that are making waves this week. Navitas Semiconductor Corporation (NASDAQ:NVTS) is a small-cap chip designer. Its next-generation power solutions support energy-efficient AI data centers. On May 21, the pure-play, next-generation power semiconductor company announced its latest 12 kW power supply unit (PSU) for hyperscaler AI data centers. The PSU is designed for high-power rack densities of 120 kW and complies with Open Rack v3 (ORv3) specifications and Open Compute Project (OCP) guidelines. It is designed to ensure the highest efficiency and performance, along with the lowest component count. In simple words, Navitas' new power supply unit is faster, safer, and more efficient. This makes it an ideal choice for powering the next generation of AI-driven data centers. Aerial view of a large solar panel array under construction in a rural China landscape. 'The continuation and leadership of Navitas' AI power roadmap has seen a quadrupling in output power – from 2.7 to 12 kW – in just over 24 months. This increase in power delivery is vital for the world's data centers to support the exponential power demanded by the latest GPU architectures. The 'designed for production' PSU enables our customers to quickly implement a highly efficient, simple, and cost-effective solution to address the power delivery challenges for AI and hyperscale data centers.' Overall, NVTS ranks 9th on our list of AI stocks that are making waves this week. While we acknowledge the potential of NVTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVTS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
18-05-2025
- Business
- Yahoo
CoreWeave (CRWV) Stock Soars After Nvidia Discloses Stake
CoreWeave (NASDAQ:CRWV) shares surged 22% on May 16 and touched $80 after Nvidia Corp.'s (NASDAQ:NVDA) SEC filing (13G) revealed that it held around 24.2 million shares, or a 7% stake, as of March 31. Investors' confidence in CoreWeave appears to have risen multi-fold after this disclosure, as the stake now is higher than the 5.2% stake known to the Street since the company filed its IPO prospectus. IPO'ed just two months ago, CoreWeave Inc. (NASDAQ:CRWV) provides AI developers and enterprises with cloud-based graphics processing unit (GPU) infrastructure, primarily based on Nvidia GPUs. This relationship closely ties CoreWeave's growth to advancements in the latter's chips, enabling the company to offer customers the most advanced computing power. As a result, a greater backing from Nvidia corresponds to significant long-term potential for CoreWeave from AI infrastructure demand. Just a day before this news, the company released stronger-than-expected Q1 2025 results with an impressive 420% and 550% year-over-year increase in revenue and adjusted operating income, respectively. Encouraged by the solid results in an otherwise volatile earnings season, JP Morgan analyst Mark Murphy raised his share price target by 54% to $66 (from $43), while maintaining his Overweight rating. The company announced some new deals, including one from a hyperscaler customer (speculated to be Google) and another $4 billion expansion from an AI company. The analyst hailed these deals as a welcome diversification of CoreWeave's customer base and positive near-term growth catalysts. He likes the company's strong revenue backlog and its focus on expanding enterprise customer base, which support his positive opinion on the company. While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWV and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
