AI Stocks Soar: A Reflection of Our Obsession with Data Centers The recent rally in AI infrastructure stocks, fueled by deal announcements from Qualcomm and Corning, has left many investors wondering what's behind this surge in value.
The growing demand for artificial intelligence and data centers is often cited as the driving force, but a closer examination reveals a more complex narrative.
One key driver of this trend is the increasing reliance on cloud computing services provided by companies like Amazon Web Services (AWS).