Nasdaq-listed Dynamix Corporation III has engaged advisors from Nvidia and Prologis to aid in the hunt for suitable acquisition targets.
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All eyes remain on Nvidia's quarterly results this week.
The real debate — whether all this AI capacity being built today will be profitable tomorrow — remains unresolved.
"We believe near-term AI fundamentals are strong, driven by strong hyperscale capex spending," said one analyst.
Analyst Ryan Koontz, who has a buy rating on the network equipment name, increased his price target on Tuesday.
The companies are among the opportunities he sees outside of the "Magnificent Seven" for his firm's growth strategy.
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