Microsoft, Alphabet, Amazon, and Meta Platforms Just Announced Fantastic News for Nvidia.
The Motley Fool
Tech giants Microsoft, Alphabet, Amazon, and Meta Platforms announced combined AI capital expenditures of nearly $700 billion for the year, with sustained strong demand for AI products and services. This massive infrastructure investment is excellent news for Nvidia, the leading GPU chip supplier, as it validates continued robust demand for AI and ensures sustained revenue growth for the chip leader.
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