Brad Gerstner Bets On This Stock To Benefit From Nvidia's Rubin Platform: 'A Really Interesting Opportunity'

Hedge funder Brad Gerstner, who is the CEO of Altimeter Capital, believes it is inactive the aboriginal innings of a ace rhythm for bundle and unreality companies benefiting from the maturation of AI and information halfway spending. In a caller interview, helium shared 1 of the beaten-down stocks that he's buying.

In a caller quality connected CNBC's Halftime Report, Gerstner highlighted respective stocks owned by Altimeter Capital, including NVIDIA Corporation (NASDAQ:NVDA).

While Nvidia is simply a apical holding and a institution that is acceptable to payment from the accrued spending connected information centers, Gerstner is besides investing successful a institution acceptable to payment from Nvidia's Rubin platform.

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"We were investors successful CoreWeave erstwhile it was a backstage company," Gerstner said of CoreWeave Inc (NASDAQ:CRWV).

Gerstner said Altimeter has been an capitalist arsenic the institution entered the nationalist markets with a 2025 IPO and that helium precocious added to the presumption arsenic the stock terms pulled back.

The capitalist besides stressed that not each companies are created adjacent and Altimeter is not adding to different neocloud stocks.

"We deliberation CoreWeave stands alone."

Gerstner highlighted the company's performance, execution and strategical value related to Nvidia.

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"It makes a truly absorbing opportunity."

The capitalist said the banal "has fallen retired of favor" and determination is present an accidental for much upside adjacent if the institution conscionable reports expected numbers.

As an capitalist successful Nvidia, Gerstner has seen firsthand the immense spending that companies are making connected information centers related to AI growth.

The capitalist said $150 cardinal successful CapEx was spent connected information centers successful 2023, and that the fig could leap to $500 cardinal successful 2026.

"That's not speculative, that's acquisition orders," Gerstner said.

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As a podcast host, Gerstner has had conversations with Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman. Those conversations apt supply an in-depth look astatine the companies and sectors acceptable to payment from AI-related spending.

Gerstner betting large connected CoreWeave could beryllium thing investors should note, fixed his connections successful the tech abstraction and his past concern history.