From Nasdaq:

The Internet infrastructure stocks theme has performed well, rising 7% year-to-date and 66% in 2023. Data center players invested heavily during the pandemic, benefiting AI demand for chips from Nvidia and AMD. Cisco’s sales improved, but recent guidance cut due to weaker demand. AMD stock has shown volatile returns, underperforming S&P 500 in 2022.

As AMD stock fluctuates, the Trefis HQ Portfolio consistently outperforms the S&P 500. The structural shift towards digitization drives long-term growth, but high valuations pose near-term risks. Nvidia stock has surged over 220%, while Cisco declined 3% in the past 12 months. Uncertain macroeconomic factors could impact Internet infrastructure stocks.

Recent returns show AMD with -1% MTD, 156% since 2023, and 1361% since 2017. S&P 500 returns at 3% MTD, 30% since 2023, and 124% since 2017. Trefis Reinforced Value Portfolio returns at 2% MTD, 40% since 2023, and 619% since 2017. Consider investing with Trefis Market-Beating Portfolios for potential growth.



Read more at Nasdaq: Digital Infrastructure Stocks Are Up 7% This Year, Will Generative AI Tailwinds Continue To Drive Them Higher?