Data Center Spending Stays Hot While Quantum Waits
from Schwab Network Hosted by Schwab Network
Paul Meeks sees IBM Corp. (IBM) as a potential quantum computing leader, but warns that payoff may be years away and its AI story is net neutral at best. He prefers AI infrastructure plays like neocloud CoreWeave (CRWV) and AI co-location company Applied Digital (APLD), expecting data center spending to stay hot through the end of the decade. Meeks remains skeptical of legacy enterprise software names, arguing most will be hurt by AI disintermediation more than they benefit, with Microsoft (MSFT) and Azure a notable exception. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
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