AI Supercharger: Why Is NVDA-ORCL-DOE Deal a Bull Signal for Tech ETFs?
The U.S. Department of Energy (“DOE”) recently forged a landmark public-private partnership with tech giants Nvidia ((NVDA) and Oracle ((ORCL) to build the nation's largest artificial intelligence (AI) supercomputers, the Solstice system. This collaboration highlights a new model for technology deployment, where government and corporates co-invest to accelerate research in critical areas like energy and security. This partnership epitomizes the ongoing AI boom that is steadily propelling growth for prominen ...