ChipsYahoo Financeabout 3 hours ago
Nvidia targets $10 trillion cap via AI hyperscaler capex
1 min read
Nvidia makes GPUs that power AI training in data centers. Four major AI hyperscalers forecast $650 billion in 2026 capital spending. Nvidia benefits from this spending as GPUs handle parallel AI workloads. During its Q1 2026 conference call, Nvidia noted analysts predicted hyperscaler capex would reach $1 trillion in 2027. The company is the only firm to hit $5 trillion market cap.
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