WS #16096
The AI infrastructure thesis remains intact despite recent volatility, with CoreWeave upgraded to Buy by Goldman Sachs and Datadog upgraded to Outperform by Bernstein. These moves highlight that demand for AI compute and data analytics is outpacing supply, supporting the valuation of key enablers in the sector. Amazon's expansion of AWS Trainium to PyTorch developers further cements the shift toward open-standard AI hardware. Intel is seeing a resurgence in investor confidence, driven by a JPMorgan upgrade and reports of major foundry customer wins. The company's 14A process node is gaining traction, and insider buying activity adds to the bullish case. This development counters the broader narrative of Intel's irrelevance in the semiconductor space. Apple is facing a specific, high-impact headwind as Jeffries reports weakening demand for the iPhone 18 in China. Delivery times have dropped to zero, resale prices are falling, and component orders have been cut by 10-15%. This signals a potential demand destruction event in the world's second-largest smartphone market, pressuring Apple's revenue outlook.
AI Infrastructure Resilience
The AI infrastructure thesis remains intact despite recent volatility, with CoreWeave upgraded to Buy by Goldman Sachs and Datadog upgraded to Outperform by Bernstein. These moves highlight that demand for AI compute and data analytics is outpacing supply, supporting the valuation of key enablers in the sector. Amazon's expansion of AWS Trainium to PyTorch developers further cements the shift toward open-standard AI hardware.
Intel is seeing a resurgence in investor confidence, driven by a JPMorgan upgrade and reports of major foundry customer wins. The company's 14A process node is gaining traction, and insider buying activity adds to the bullish case. This development counters the broader narrative of Intel's irrelevance in the semiconductor space.
Apple is facing a specific, high-impact headwind as Jeffries reports weakening demand for the iPhone 18 in China. Delivery times have dropped to zero, resale prices are falling, and component orders have been cut by 10-15%. This signals a potential demand destruction event in the world's second-largest smartphone market, pressuring Apple's revenue outlook.