AI Infrastructure Buzz Lifts Nasdaq 100 Sentiment

News that SpaceX intends to deploy Nvidia-powered orbital data centers by next year is adding another layer of optimism to the AI infrastructure narrative underpinning the Nasdaq 100. Alongside Nvidia's newly announced partnership with Cloverleaf to expand data center capacity, the steady drip of AI-related headlines continues to reinforce the growth story that has kept index constituents richly valued.

This kind of forward-looking capex news tends to support sentiment across the broader tech complex, even when it doesn't immediately translate into near-term earnings. Investors appear willing to look past valuation concerns as long as the infrastructure buildout narrative stays intact.

For the Nasdaq 100, this backdrop provides a cushion heading into a high-stakes earnings week, keeping dip-buyers active even as index breadth remains narrow and concentrated in a handful of megacap names.