NVIDIA

Nebius’ stock surged 7% after Nvidia announced a 9.3% stake acquisition. This follows Nvidia’s planned $2 billion investment and a $27 billion deal with Meta, highlighting Nebius’ critical role in AI infrastructure. The company’s stock has grown nearly 250% in the past year, reaching a $46 billion market cap. Freedom Capital Markets upgraded Nebius to “buy,” citing a positive debt raise backed by GPU infrastructure.

Jim Cramer advises investors to diversify away from heavily concentrated AI stocks due to market volatility. While acknowledging AI’s transformative potential, he suggests focusing on stable companies in other sectors like finance, industrials, and logistics. Cramer remains bullish on foundational AI enablers like Nvidia and Intel, but recommends waiting for a broader tech market correction before significant new allocations.

AMD is launching its “Helios” rack-scale AI system to challenge Nvidia’s dominance in the AI hardware market. Major clients, including Microsoft, Meta, OpenAI, and Oracle, have committed to deploying Helios, drawn by its integrated approach and focus on cost-efficiency per token. Analysts estimate Helios’s competitive pricing and believe AMD could capture a significant market share. This launch marks a critical step in AMD’s decade-long strategic resurgence, leveraging its integrated hardware and software capabilities, and acquisitions to offer a compelling alternative in the rapidly expanding AI compute landscape.

Apple briefly surpassed Nvidia as the world’s most valuable company on Friday. Apple’s market capitalization reached approximately $4.88 trillion, while Nvidia’s dipped to $4.84 trillion. Apple has seen a 22% year-to-date surge, driven by AI adoption and a strong product pipeline. Nvidia’s gains have been more modest at 7%, with market focus shifting to memory chips and infrastructure. Nvidia had held the top spot since June 2025.

Concerns over AI spending triggered a tech sector pullback, impacting chipmakers and briefly seeing Apple regain market cap leadership from Nvidia. Apple’s resurgence follows an HSBC upgrade, citing its new AI platform and strategic partnerships as drivers for an upgrade cycle without massive capital expenditure. Investors are also watching Intel’s earnings, with a bullish outlook despite recent stock declines.

Nvidia is expanding into Japan’s physical AI market with its new “world model,” Cosmos 3 Edge, designed for robots and vision AI agents. This move, part of CEO Jensen Huang’s visit, includes forming a coalition with major Japanese industrial players like Fujitsu, Hitachi, and Kawasaki Heavy Industries to drive innovation in intelligent industries. Nvidia is also focusing on healthcare and biotech, aiding drug discovery and medical robotics development.

Nokia launched its AI-RAN platform, an “AI-native” radio access network solution developed with NVIDIA. It promises significant spectral efficiency gains, potentially doubling operator capacity without new infrastructure. Offered as a software subscription, it signals a strategic shift from hardware to software development. While a competitor, Ericsson, already offers an AI-in-RAN solution, Nokia’s GPU-accelerated approach and partnership with NVIDIA aim for a leading market position.

A US official stated that very few Nvidia H200 AI chips have been shipped to China, suggesting a potential shift in export controls. This could boost Nvidia’s revenue, as they previously excluded Chinese sales from forecasts due to stringent restrictions. While H200s are powerful, Nvidia is transitioning to newer Blackwell architecture. The limited availability of advanced chips impacts China’s AI development, forcing reliance on less capable domestic alternatives.

Jim Cramer observed a Wall Street trading session reminiscent of “the old days,” with a rebound in tech giants like Google, Meta, and Apple, following Samsung’s earnings report. While Samsung’s shares dipped, signaling potential demand softening, investors shifted capital towards these established megacaps and enterprise software providers, potentially seeking value beyond the concentrated AI supply chain narrative.

Despite investor skepticism and recent price dips, Nvidia remains central to the AI revolution. While clients explore in-house chip development, Nvidia’s superior GPUs and ecosystem maintain its dominance. Despite concerns about next-gen rollouts and shifting investment trends, its innovation and infrastructure integration suggest enduring leadership in the dynamic AI market.