Retail Traders Shrug Off AI Pullback, Buy The Dip In Neocloud Stocks

Neocloud stocks NBIS, IREN, CRWV, and APLD have fallen 25-38% over the past month amid concerns over rising competition, high data center costs, and Meta's plans to rent out excess AI computing capacity. A Stocktwits poll of 1,400 retail traders found 65% are buying the dip, with only 6% avoiding the sector entirely, showing strong retail conviction despite institutional caution.

Why it matters: Investors are closely watching upcoming Q2 earnings for signs that heavy spending on independent data center expansion can be justified by sustained demand for third-party AI cloud services.