AI Circular financing is not a red flag: Aptus Capital Advisors

David Wagner of Aptus Capital Advisors says the data center trade may face sentiment-driven pressure in H2 2026, rather than fundamental weakness. He sees Nvidia share price reaching $275 in the coming months and notes circular financing not is not a red flag, but is a sign that the AI and compute industry is maturing.
AI Circular financing is not a red flag: Aptus Capital Advisors

David Wagner from Aptus Capital Advisors believes the data center sector might experience sentiment-driven challenges in the second half of 2026, as opposed to fundamental issues. He predicts Nvidia’s stock price will reach $275 in the near future. Wagner also suggests that circular financing is not a negative sign but rather an indicator of the AI and compute industry’s maturation.

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