Nvidia's chips for high-performance compute and AI have absolutely leveled the playing field in the cloud computing market, perhaps even commoditizing the tech in many ways. Plugging Nvidia hardware into the system has enabled upstarts like Oracle Cloud to make serious headway against Amazon AWS, Microsoft Azure, and Alphabet's Google Cloud.
And yet there's still lots of growth left for the cloud market. Nick discusses which stocks he still likes as the cloud "GPU arms race" begins.
Meanwhile, DigitalOcean keeps doing its thing, despite not getting swept up in the hussle to purchase powerful Nvidia systems. Could this tiny company still be a buy?
☕☕☕If you feel so inclined please show your support here by fueling our caffeine addiction 👇
https://ko-fi.com/chipstockinvestor
Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.
Nicholas Rossolillo owns shares of DigitalOcean, Amazon, & Alphabet.
