Benefiting from OpenAI's infrastructure diversification as the lab moves away from Azure exclusivity.

Benefiting from OpenAI's strategic shift to diversify its cloud infrastructure across multiple providers.

Positioned as a key high-tech AI infrastructure play within a barbell investment strategy.

Significant player in the AI build-out, acting as a primary tenant for large-scale infrastructure developments.

Securing nuclear power through strategic industry deals.

One of the key hyperscalers shifting toward heavy infrastructure and data center investment.

Viewed as a house of cards vulnerable to disruption by OpenAI.

Potential involvement in the acquisition of TikTok's U.S. operations could impact market positioning.

Experiencing volatility as a 'high stakes' play tied to OpenAI's compute requirements.

Experienced a temporary dip due to FUD regarding its data center partner OpenAI.