CapEx spending and data center spending backs Nvidia (NVDA) CEO Jensen Huang’s thesis that the AI buildout could be the “biggest in human history,” says Clayton Allison.
He tells investors to watch for stocks tied to power generation, cooling technology, and several other industries tied to the greater AI trade. Clayton’s top picks include Eaton (ETN) and NextEra Energy (NEE) for power grid plays. He labels Broadcom (AVGO) as a greater conviction chip pick over Nvidia.
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