| | | Well, truth be told we have a LOT of NVDA. Haven't parted with a single share in several years. So, we're looking for other plays in the space.
Yes, aggressive expansion = aggressive spend, but lots of early phase companies are heavy on the spend and the operating losses. I remember concerns along those lines kept me out of AMZN early on and for too long.
Meant, fiscally conservative insofar as they have a relatively low debt to equity ratio. At least, low compared to CRWV.
GOOG tried to buy NBIS back when it was a Russian/Ukranian company called Yandex. Tons of AI talent in house at NBIS. So there's definitely more to the story...
But you're right, the whole data center thing could be more of a transitionary business. They will be forced to continually upgrade to stay competitive which means more spend. But my brother says NBIS isn't a pure hyperscaler, although apparently they have the EU market cornered. He likes the other potential revenue streams they are pursuing, such as the Clickhouse investment...
The Goldman Sachs note that came out over the weekend I'm sure can add a lot more color. Seems it's still early days here.
As always, there's a lot I don't know, so let the chart tell the rest of the story. And see what develops. Always taking some gains on the way up. (-: |
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