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Novartis AG (NVS) Expands U.S. Manufacturing Footprint with New Texas Site

We recently compiled a list of the 10 Best Cancer Stocks to Buy for the Long Term. Novartis AG is also one of the best cancer stocks to buy for the long term.

On May 7, NVS began construction on a 46,000-square-foot radioligand therapy manufacturing facility in Denton, Texas. The project is part of the company’s broader $23 billion commitment to expanding U.S.-based manufacturing and research capacity. This site marks NVS’s first production facility in Texas and is intended to strengthen access to radioligand therapies for patients in the southern United States. It also becomes the fifth such facility in the country.

On April 30, Novartis AG (NYSE:NVS) outlined plans for a 56,200-square-foot manufacturing site in Morrisville, North Carolina. The facility will focus on producing active pharmaceutical ingredients used in solid oral medicines such as tablets and capsules, as well as supporting RNA-based therapies.

This project represents the seventh new site announced within a year under the company’s $23 billion investment program aimed at expanding U.S. manufacturing and research capabilities. Once completed, it will increase NVS’s footprint in North Carolina to five facilities distributed across three different locations, strengthening its regional production network.

Novartis AG (NYSE:NVS) is a global healthcare company based in Basel and a major player in oncology. It develops targeted therapies, cell and gene therapies, and radioligand treatments for cancers like breast and prostate cancer, with a strong focus on precision medicine and expanding its manufacturing capabilities.

While we acknowledge the risk and potential of NVS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 AI-Powered Biotech Stocks to Buy Right Now  and 9 Most Undervalued Healthcare Stocks to Buy Now.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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