Nvidia CEO Jensen Huang stated the company invests broadly across AI and foundation model companies rather than picking winners, citing Nvidia's own unlikely survival among 60 graphics companies as justification. Huang referenced Nvidia's major investments in OpenAI ($30 billion), Anthropic ($10 billion), and smaller stakes in companies like Wayve, Scale AI, and Figure AI, while denying acquisition rumors about PC makers.

Nvidia's $2 billion investment in Marvell Technology strengthens data center AI infrastructure through NVLink Fusion, but Nokia emerges as a quieter beneficiary. With Nvidia's $1 billion investment in Nokia's AI-native radio access network (RAN) platform, the company is positioned to capture gains from the expanding edge AI market, estimated to reach $200 billion by 2030. Nokia's transformation from a commoditized telecom provider to an AI infrastructure player could make it an overlooked complementary investment alongside Nvidia and Marvell.

Gene Munster of Deepwater Asset Management downplays near-term M&A involving Nvidia and Dell, citing a significant margin gap (Nvidia at 60% vs Dell at 7%) that would complicate investor messaging. While acknowledging the broader industry push toward vertically integrated AI platforms, Munster suggests AMD or Intel could more realistically pursue such acquisitions as turnaround strategies, though he rates the probability of such deals below 50%. Nvidia's planned $80 billion investment makes additional large acquisitions unlikely in the near term.

The article recommends Nvidia and Dell Technologies as compelling AI infrastructure stocks to buy ahead of their May earnings reports. Both companies benefit from strong AI demand, with Nvidia showing robust data center revenue growth and high margins, while Dell is scaling its AI server business with a $43 billion backlog of unfilled orders. Despite recent tech sector sell-offs, both stocks trade at attractive valuations relative to their growth prospects.

Major U.S. stock indexes rose on April 13, 2026, with the S&P 500 gaining 1.02%, Nasdaq climbing 1.23%, and the Dow adding 0.63%. Software and tech stocks led gains despite ongoing geopolitical tensions and oil disruptions. Oracle surged 12.74% following its AI platform announcement, while Dell and HP gained on acquisition speculation. Goldman Sachs slipped despite strong earnings, weighed down by war-driven caution.

As global AI infrastructure spending is projected to nearly triple to $902 billion by 2029, three key data center suppliers are positioned for growth. Dell benefits from a record $43 billion server backlog and trades at a low valuation multiple. Nebius Group is expanding rapidly with 830% year-over-year AI cloud revenue growth. Vertiv supplies critical cooling and power solutions with strong order growth and guidance for 28% organic sales growth in 2026.

MLCommons released MLPerf Inference v6.0, the most significant update to its AI benchmarking suite, featuring five new or updated datacenter tests including a 120B language model benchmark, DeepSeek-R1 reasoning benchmark, DLRMv3 recommender system, text-to-video generation test, and vision-language model benchmark. The release saw record multi-node system submissions with a 30% increase over the previous version, and participation from 24 organizations including major tech companies.

AI infrastructure spending is projected to reach $902 billion by 2029, up from $334 billion in 2025. Nvidia and Iren are positioned as compelling long-term investments, with Nvidia dominating GPU supply for data centers and Iren capitalizing on the critical bottleneck of securing sufficient power for AI data centers.

Persona AI, a Houston-based humanoid robotics company, appointed Brian Davis as Head of Global Manufacturing. Davis brings 30+ years of operations experience from Amazon Robotics and Dell Technologies, where he helped scale manufacturing 25x in 4 years. The appointment reflects Persona AI's expansion into shipyards, steel mills, and energy infrastructure markets, following contracts with HD Hyundai and POSCO Group.

Persona AI, a Houston-based embodied AI robotics company, appointed Brian Davis as Head of Global Manufacturing. Davis brings over 30 years of operations experience, including leadership roles at Amazon Robotics and Dell Technologies where he oversaw 25x manufacturing growth. The appointment supports Persona's expansion into industrial applications including shipyards, steel mills, and energy infrastructure, with existing partnerships with HD Hyundai and POSCO Group.

Persona AI, a Houston-based humanoid robotics company, appointed Brian Davis, a veteran operations executive with 30+ years of experience from Amazon Robotics and Dell Technologies, as Head of Global Manufacturing. The appointment reflects Persona's commitment to scaling production of humanoid robots for industrial applications in shipyards, steel mills, and energy infrastructure. Davis previously oversaw operations that achieved 25x manufacturing volume growth over four years.

Persona AI, a Houston-based embodied AI robotics company, appointed Brian Davis, former operations leader at Amazon Robotics and Dell Technologies, as Head of Global Manufacturing. Davis brings over 30 years of experience and a track record of scaling production volumes 25x in four years. The appointment comes as Persona AI expands production to commercialize humanoid robots for shipyards, steel mills, and energy facilities, with recent contracts from HD Hyundai and POSCO.