NVIDIA's earnings call positive, Google secures Reddit forums for training, nuclear power demand surging.

From Nasdaq: 2025-06-02 12:02:00

Last week, NVIDIA’s earnings call reassured investors as the ramp of the new Grace Blackwell super systems accelerated. Jensen spent 2/3 of his remarks discussing the consequences of using export controls on China. Anthropic CEO Dario Amodei expressed concerns about job disruption for entry-level knowledge workers due to AI.

Google’s exclusive rights to Reddit forums for $60 million helped address the data shortage for training LLMs. NVIDIA is creating platforms like Omniverse and Cosmos for enterprises to simulate the real world and train autonomous machines. AI companies like Figure are emerging in the market, challenging Elon Musk’s Optimus robots.

The demand for nuclear power innovations is surging due to the datacenter build-out. Companies like Oklo and NuScale Power are experiencing significant growth after President Trump initiated policies to support the nuclear industry. Investors are recommended to consider ETFs like BOTZ and NUKZ for nuclear exposure.

Zacks has named a semiconductor stock with strong earnings growth and expanding customer base as the #1 pick in the industry. With projections of global semiconductor manufacturing exploding from $452 billion in 2021 to $803 billion by 2028, this stock is positioned to benefit from the demand for AI, ML, and IoT technologies.



Read more at Nasdaq: The Week in AI | Nasdaq