That is the title of a new research note on Nvidia by Melius Research analyst Ben Reitzes. His view is that the big cloud-computing companies’ rapidly growing budgets for capital spending on artificial-intelligence infrastructure amount to a compelling reason for continuing to own shares of the leading provider of chips for AI applications.

Frankfurt-based tech company Northern Data (OTC:NDTAF) has seen a significant change in its business model, which has caught the eye of investment bank Berenberg.