Karman, previously known as Utilidata, has enabled NexGen Cloud, a leading European AI cloud provider, to achieve a 60% increase in AI compute capacity using the same power budget in its Montreal data center through Karman's power orchestration platform. This advancement allows 16 NVIDIA B300 servers to operate within the power constraints designed for 10 servers without compromising performance, signifying a major step forward in addressing AI compute demands without additional power provision. The success of this deployment has led to an expanded partnership between the two companies to further implement this technology across NexGen Cloud's European operations. This development highlights a scalable solution for efficiently utilizing existing power capacity, an essential factor as demand for AI compute continues to grow.

• NVIDIA (NasdaqGS:NVDA) last closed at $212.21 down 4.4%.

In other trading, CanSemi Technology (SZSE:301660) was a standout up 20% and finishing the session at CN¥33.64. Meanwhile, MACOM Technology Solutions Holdings (NasdaqGS:MTSI) softened, down 15.9% to close at $229.73.

NVIDIA's undervaluation amid soaring AI infrastructure demand presents a strategic opportunity as supply constraints hint at imminent value realization. Discover more about NVIDIA's potential and explore the narrative.

On a related note, revisit our Market Insights piece on the strategic shift towards open-source models in AI, which highlights critical investment opportunities linked to AI Chips. Explore it now to stay ahead of emerging market trends.

Best AI Chip Stocks

• Broadcom (NasdaqGS:AVGO) closed at $323.24 down 4.3%. On Wednesday, Broadcom introduced Arcot Scam Defense to combat social engineering fraud during card-not-present transactions.
• Micron Technology (NasdaqGS:MU) ended the day at $856.49 down 6.3%. Micron will execute a cash dividend of $0.15 in five days.
• Advanced Micro Devices (NasdaqGS:AMD) finished trading at $507.93 down 8.1%. Two days ago, Vultr expanded its AMD-powered AI infrastructure with a significant deployment in Chennai, India.

Next Steps

• Discover the full array of 108 AI Chip Stocks, featuring JCET Group, Yuanjie Semiconductor Technology and BE Semiconductor Industries, right here.
• Want Some Alternatives? Uncover 23 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Karman Turns Stranded Power Into 60% More Compute for AI Data Center Provider NexGen Cloud" from Karman on GlobeNewswire (published 22 October 2026)

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