Big Tech Companies Just Delivered Incredible News for Nvidia Investors

The latest round of quarterly results from technology giants makes it clear that the heavy investments into artificial intelligence (AI) infrastructure are not going to slow down anytime soon. That's great news for investors in Nvidia (NASDAQ: NVDA), the company that has ridden its way to a $5 trillion market cap thanks to the AI boom.The earnings reports of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Microsoft (NASDAQ: MSFT) are already out, and all of these tech giants were singing a similar tune with respect to AI-related spending. Let's take a closer look at their capital expenditure (capex) plans and why they bode well for Nvidia.Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool