Nicholson: NBIS Best Positioned Compared to CRWD & APLD, Data Center Risks Remain

Futurum's Dave Nicholson says there's "no lack of demand" for AI compute, and believes data centers are well-positioned to capture that demand. Nebius (NBIS) is the company he expects to have the least risk due to its lack of debt compared to competitors like CoreWeave (CRWV) and Applied Digital (APLD). There are headwinds that will ramp up volatility, Dave warns, pointing to AI concerns seen in New York state's data center moratorium and environmental impacts from TSMC's (TSM) planned U.S. expansion.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about