September 28, 2025

finance  
Nvidia GPUs Power OpenAI, Amazon AWS Fuels Anthropic

The artificial intelligence sector continues to see significant investment and development across various companies. Nvidia remains a key player, supplying essential GPUs for AI model training and systems for OpenAI, though concerns exist about its role as a primary funder for OpenAI's large commitments. Advanced Micro Devices (AMD) also competes in the GPU market. Amazon's AWS is expected to accelerate revenue growth, partly driven by supporting Anthropic's compute needs with new capacity additions. Broadcom is strengthening its position in AI through networking chips, custom accelerators, and strategic acquisitions like VMware. Qualcomm is expanding its reach beyond mobile with new AI-powered Snapdragon processors for Windows PCs and other devices, aiming for improved performance and battery life, while facing competition from companies developing their own chips. Ambarella sees growth in edge AI applications, with a strong outlook for its IoT segment and future automotive business. Quanta Services benefits from its work in building electric grid infrastructure for AI data centers, with analysts highlighting its labor advantages and customer relationships. Atlassian's AI tools are driving revenue growth and productivity for businesses, leading to optimistic Wall Street outlooks. CrowdStrike's AI strategy for cybersecurity, including its focus on Artificial General Intelligence, has impressed investors, with the company setting a long-term goal of $20 billion in annual recurring revenue by fiscal year 2036. Okta is enhancing its identity security offerings with AI features to protect AI agent interactions and digital credentials. Equinix is launching Distributed AI infrastructure to accelerate enterprise AI adoption. Micron Technology is experiencing strong demand for its memory products used in AI, though its upside may be limited as much of the potential is already priced in. Beyond these larger firms, numerous smaller companies are also leveraging AI in niches like healthcare and insurance.

Key Takeaways

  • Nvidia is a primary beneficiary of AI growth, supplying GPUs and systems for OpenAI, which is reportedly investing $100 billion in the company.
  • Amazon's AWS is poised for accelerated revenue growth, with new capacity additions expected to support Anthropic's compute needs.
  • Qualcomm is launching new AI-powered Snapdragon processors for Windows PCs and other devices, expanding its market presence beyond mobile.
  • CrowdStrike's AI strategy has impressed investors, leading to a 10% stock surge and a long-term revenue target of $20 billion by fiscal year 2036.
  • Atlassian's AI tools are driving revenue growth and productivity, with Wall Street analysts predicting a potential 50% stock upside.
  • Broadcom is strengthening its position in the AI space with networking chips, custom accelerators, and its acquisition of VMware.
  • Ambarella's outlook is strong, driven by growth in edge AI applications and its IoT segment.
  • Quanta Services is benefiting from its role in building electric grid infrastructure for AI data centers.
  • Okta is introducing AI-focused identity security features to protect AI agent interactions and digital credentials.
  • Equinix is launching Distributed AI infrastructure to speed up enterprise AI adoption.

Qualcomm's new AI chips aim for PC and device growth

Qualcomm has launched its new Snapdragon X2 Elite and X2 Elite Extreme processors, focusing on advanced AI capabilities and better battery life for Windows PCs and other devices. The company is expanding beyond mobile phones to influence areas like automotive and industrial IoT. While these new chips show technical progress, they face ongoing challenges from competition and the risk of device makers creating their own chips.

Investors watch Qualcomm's AI chip debut for PCs and mobile

Qualcomm introduced its AI-powered Snapdragon X2 Elite and X2 Elite Extreme processors for Windows PCs and the Snapdragon 8 Elite Gen 5 for mobile devices. This move signals Qualcomm's strong focus on the growing AI and PC chip markets by improving performance and efficiency. However, the company still faces significant competition, especially from major companies developing their own chips.

Okta launches AI identity security, boosting investment case

Okta reported strong second-quarter results and introduced new AI-focused identity security features, including ways to secure AI agent interactions and digital credentials. These advancements aim to protect against advanced cyber threats as AI use grows. The company's AI innovations position it as a leader in identity security, though it faces competition from larger security platforms.

Equinix launches AI infrastructure to boost connectivity

Equinix has introduced its Distributed AI infrastructure, featuring a new AI-ready backbone and Fabric Intelligence software across 20 global locations. This launch aims to speed up enterprise AI adoption and position Equinix as a key partner for AI systems. The company is also expanding its data center presence in India to meet rising demand for digital infrastructure.

Ambarella's strong Q3 outlook and edge AI growth boost investment case

Ambarella reported better-than-expected earnings for fiscal Q2 2026 and provided a Q3 forecast that exceeded expectations, driven partly by growth in edge AI applications. The IoT segment is currently the main growth driver, with automotive business expected to increase in the future. The company's strong outlook highlights demand for AI-based edge devices, though it faces challenges from IoT market fluctuations.

Quanta Services benefits from AI grid expansion and analyst upgrades

Quanta Services has received positive analyst attention and upgrades due to its strong work in building electric plants and grid infrastructure for AI data centers. Analysts believe the company's labor advantages and customer relationships can support earnings growth despite industry challenges. Quanta's role in modernizing the electric grid for AI needs is seen as a key factor for its future outlook.

Atlassian AI tools drive revenue growth, Wall Street sees 50% upside

Atlassian's new AI-powered tools are helping businesses improve productivity and are encouraging customers to spend more on its software. The company's revenue growth accelerated in its recent quarter, with premium and enterprise plans seeing a significant increase. Wall Street analysts are optimistic, with an average price target suggesting a 50% potential upside for Atlassian stock.

Wall Street sees 50% upside for Atlassian stock driven by AI

Atlassian's stock is gaining attention as its AI-powered products like Jira and Confluence enhance user productivity and collaboration. Analysts believe these AI features will drive customer retention and acquisition, leading to future growth. Morgan Stanley has set a price target of $280 per share, indicating a potential 50% increase from its current trading price.

CrowdStrike's AI strategy impresses investors after Fal.Con event

CrowdStrike's stock rose 10% following its Fal.Con event, where investors responded positively to the company's AI strategy for cybersecurity. The company extended its long-term guidance, now aiming for $20 billion in annual recurring revenue by fiscal year 2036. CrowdStrike emphasized its confidence in using Artificial General Intelligence and Agentic AI to become the future end-to-end security platform.

CrowdStrike AI strategy boosts stock after Fal.Con event

CrowdStrike's stock surged 10% after its Fal.Con event, signaling investor approval of its AI strategy in cybersecurity. The company showcased innovations emphasizing AI's role in security, leading to a positive market reaction. Analyst Peter Weed maintained a Market Perform rating with a $343.00 price target, acknowledging the stock's potential while suggesting caution.

Datavault AI secures initial Bitcoin investment from Scilex

Datavault AI has completed the first part of a $150 million Bitcoin investment from Scilex. Under the agreement, Scilex will receive nearly 279 million Datavault shares. Scilex received 15 million shares in this initial phase, with the remaining shares to be issued in a second tranche.

10 hidden AI stocks offer growth beyond tech giants

This article highlights 10 smaller companies using AI in healthcare, education, insurance, and software, serving real customers today. These companies, with market caps ranging from small to mid-size, offer higher risk and reward compared to large tech firms. They focus on specific niches where AI creates measurable value, such as reducing insurance costs or speeding up drug discovery.

Micron benefits from AI demand but upside may be limited

Micron Technology is seeing benefits from high demand for artificial intelligence and tight supply in the memory market, leading BofA Securities to raise its price target to $180.00. The company's sales of high bandwidth memory (HBM) and solid-state drives for AI are strong. However, the analyst maintained a Neutral rating, suggesting much of the stock's potential gains are already reflected in its price.

Broadcom poised to become a household name in AI

Broadcom, a global technology leader, is well-positioned to become a major player in the AI space. Its high-performance networking chips and custom AI accelerators are crucial for powering AI workloads. Strategic acquisitions, like VMware, have also expanded its capabilities in cloud computing and software, strengthening its role in the AI-driven future.

Nvidia leads 5 stocks near buy points amid AI boom

The stock market is experiencing a bull run, with Nvidia, Advanced Micro Devices (AMD), and Broadcom (AVGO) highlighted as key players in the artificial intelligence sector. Nvidia's GPUs are essential for AI model training, while AMD competes in the GPU market and Broadcom supplies AI components. Netflix (NFLX) and Amazon (AMZN) are also noted for their strong performance and potential.

Nvidia key AI beneficiary despite OpenAI funding risks

Nvidia is seen as a major beneficiary of AI growth, with DA Davidson reiterating a Buy rating and $210.00 price target following its announcement of a $100 billion investment in OpenAI. Nvidia will supply systems for OpenAI's future models, but the firm expressed concern that Nvidia is becoming a primary funder for OpenAI's large commitments.

Amazon stock upgraded on strong AWS growth outlook

Wells Fargo upgraded Amazon's stock to Overweight with a $280.00 price target, citing increased confidence in AWS revenue acceleration for 2026. This growth is expected to be driven by new capacity additions like Project Rainier in Indiana, which will support Anthropic's compute needs. While AWS market share may decline, overall cloud industry expansion should boost its growth pace.

Sources

AI chips Qualcomm Snapdragon Windows PCs mobile devices AI capabilities battery life automotive industrial IoT competition Okta identity security cyber threats Equinix AI infrastructure connectivity data centers Ambarella edge AI IoT automotive business Quanta Services electric grid AI data centers Atlassian AI tools revenue growth productivity Jira Confluence CrowdStrike AI strategy cybersecurity Artificial General Intelligence Agentic AI Datavault AI Bitcoin investment Scilex hidden AI stocks healthcare AI education AI insurance AI software AI Micron Technology AI demand memory market high bandwidth memory solid-state drives Broadcom networking chips AI accelerators VMware cloud computing Nvidia Advanced Micro Devices GPUs Netflix Amazon OpenAI AWS Anthropic