From Yahoo Finance: 2025-06-01 15:05:00

Artificial intelligence (AI) is revolutionizing the corporate sector, boosting productivity and innovation speed. IDC predicts a $20 trillion global economic impact by 2030. CoreWeave (NASDAQ: CRWV) is a key player, offering purpose-built data centers for AI workloads, with revenue soaring from $189 million to $982 million in the first quarter of 2025.

With a massive revenue backlog of $25.9 billion and a strong focus on long-term financial commitments, CoreWeave is positioned for growth. The company operates 33 AI-optimized data centers across the U.S. and Europe, with plans to receive up to 1.6 gigawatts of power over a multiyear period.

Nvidia dominates as an AI chip supplier, but Advanced Micro Devices (NASDAQ: AMD) is gaining traction. AMD’s revenue surged 36% year over year, fueled by strong data center and PC chip sales. AMD’s recent acquisitions and strategic moves position it as a formidable competitor against Nvidia in the data center market.

AMD’s stock presents a compelling opportunity, trading at just 28 times 2025 earnings estimates. With a recovery expected in the second half of the year for its embedded chip business, AMD’s growth prospects may be underestimated by the market. Investors may want to consider AMD’s potential amid the AI-driven economy’s rapid expansion.



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