AI Infrastructure Demand Drives Growth for AMD and Hut 8
McKinsey projects data center spending could reach $7 trillion by 2030. AMD expects 35% annual revenue growth, while Hut 8 signed a multibillion-dollar deal with Anthropic.
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McKinsey projects data center spending could reach $7 trillion by 2030. AMD expects 35% annual revenue growth, while Hut 8 signed a multibillion-dollar deal with Anthropic.
The iShares Self-Driving EV and Tech ETF (IDRV) returned 32% over the past year, trading at a P/E ratio around 13. The fund holds $168 million in assets with 11% China exposure through BYD, NIO, and XPeng.