Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.

Wolfspeed ( WOLF -9.29%) was once a red-hot chip stock. The company had established an early-mover advantage in silicon carbide chips, which can operate at higher voltages, temperatures, and frequencies than traditional silicon chips. That resilience makes them well-suited for a broad range of 5G, military, green energy, and EV technologies.

For 2024, analysts expect BigBear.ai's revenue to grow 8% to $168 million with a negative adjusted EBITDA of $1 million. For 2025, they expect its revenue to rise 14% to $193 million with a positive adjusted EBITDA of $5 million under Kevin McAleenan, Pangiam's founder who recently succeeded Mandy Long as BigBear.ai's new CEO.