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Technology Stocks : Artificial Intelligence, Robotics, Chat bots - ChatGPT
NVDA 202.57-2.1%10:13 AM EST

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To: zax who wrote (5318)9/8/2025 6:54:39 PM
From: Elroy  Read Replies (1) of 5477
 
NBIS makes no sense to me.

As I understand them, they are building AI data centers, and then selling AI data center services to customers.

How can that be a business that deserves a premium valuation? Their main businesss is spending money on technology equipment, which goes out of date fairly quickly. And there are loads of companies building AI data centers, are we to believe NBIS is better at building a data center than.......company XYZ?

In today's press release, NBIS says that this deal may allow them to spend much more quickly than they had previously forecast. Ok. Since when is spending as quickly as possible a good business?
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