2 Hypergrowth AI Stocks to Buy and Hold for the Next Decade
Hypergrowth Artificial Intelligence (AI) stocks are not that common. Many fast-growing AI companies are still private, and many investors cannot own their shares or trade them freely. However, there are several stocks currently posting impressive growth numbers that investors should be aware of.
Two hypergrowth AI stocks investors should take a close look at Nebius (NASDAQ: NBIS) again CoreWeave (NASDAQ: CRWV). Both of these operate in similar areas and each sees an incredible demand. I think both of these stocks would make smart portfolio additions, but investors should be wary of the roller-coaster ride they’ll be on when owning this duo, as high growth and risk is a recipe for volatility.
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The neocloud space is seeing tremendous growth
Both Nebius and CoreWeave are known as neocloud companies. This is similar to the cloud computing space that has been well established over the past decade, but with a focus on AI. By offering a product designed for AI, clients can easily set up, train, and use AI models in an optimized way. This is incredibly attractive, and both companies have already captured large customers, just like them Meta Platforms again Microsoft.
It may be a bit of a headscratcher why companies like Meta and Microsoft want to partner with Nebius and CoreWeave, since they are already building their own data centers. However, it all boils down to having as much computing power as possible as quickly as possible. Additionally, Meta and Microsoft have spent a ton on data centers, and renting space instead of owning it gives them some flexibility.
Nvidia (NASDAQ: NVDA) and is a major investor in both companies. Nvidia is a fast-growing company in its own right, and if it thought its business could do better than these two, it wouldn’t be invested. That’s a vote of confidence for both stocks, and after looking at their growth rates, you can see why Nvidia is investing.
During its most recent quarter, CoreWeave posted 112% year-over-year revenue growth. That brought total revenue for the quarter to $2.1 billion, but that pales in comparison to its backlog. CoreWeave has a revenue backlog of nearly $100 billion, which shows how in-demand its platform is. About a third of that is expected to materialize over the next two years, bringing more growth to CoreWeave in the short term.


