Nomura's latest server supply chain check is out — tracking the big cloud players and their AI infrastructure buildouts.
Worth watching how $AMZN $MSFT $GOOGL $META are positioning into this cycle. $NVDA and $AMD remain the direct beneficiaries, while $DELL continues to play the integration angle.
Supply chain data often leads earnings by a quarter or two. If you're trading the AI infrastructure theme, this is the kind of forward indicator that matters.
Worth watching how $AMZN $MSFT $GOOGL $META are positioning into this cycle. $NVDA and $AMD remain the direct beneficiaries, while $DELL continues to play the integration angle.
Supply chain data often leads earnings by a quarter or two. If you're trading the AI infrastructure theme, this is the kind of forward indicator that matters.