GPU infrastructure providers CoreWeave and Nebius lead AI stock rallies as compute shortages drive demand for AI hardware and services.

CoreWeave and Nebius emerge as top gainers among AI stocks, bucking concerns about a potential AI bubble

Both companies are positioned to benefit from ongoing compute shortages in the AI sector

Q1 earnings reports from these companies are expected soon, which could provide insights into AI infrastructure demand

The performance of these stocks suggests investors are increasingly focused on the infrastructure layer supporting AI development rather than just AI software companies