Prominent AI investors including Stanley Druckenmiller and Michael Burry have reduced Nvidia-related holdings despite booming demand. Meanwhile, Nvidia inked a $1 b partnership with Nokia for AI 6G networks and a pact with Firmus for 170,000 GPUs, potentially driving $30 b revenue over six years.
Several high‐profile investors, including Stanley Druckenmiller, Peter Thiel and Michael Burry, have quietly sold or hedged Nvidia‐related holdings in recent weeks. These moves signal caution about potential overheating in AI markets despite Nvidia’s record growth and lofty multiples.
Nvidia announced a $1 billion collaboration with Nokia to integrate its GPUs into next-generation 6G cellular networks. This deal helped Nokia raise network infrastructure sales growth guidance to 12–14%, underscoring strong demand for Nvidia’s AI acceleration technology in telecoms.
Australian AI infrastructure firm Firmus Technologies agreed to purchase 170,000 Nvidia GPUs for deployment in Batam, Indonesia between early 2027 and 2028. The deal could generate up to $30 billion in product and cloud revenue for Nvidia over the first six years of the agreement.
Memory chip rival Micron saw revenue quadruple to $41.45 billion and net income jump to $28.2 billion, driving its stock up over 800% in the past year. Meanwhile, some analysts project SpaceX could surpass Nvidia’s long-term valuation as Starlink expands from 9 million to 12 million customers.
Globenewswire
