Nvidia Seen Beating Alphabet and Amazon Combined in 3 Years as AI Capex Targets $4 Trillion
Updated
Updated · The Motley Fool · May 10
Nvidia Seen Beating Alphabet and Amazon Combined in 3 Years as AI Capex Targets $4 Trillion
5 articles · Updated · The Motley Fool · May 10
$3 trillion to $4 trillion in annual data-center spending by 2030 underpins a bullish call that Nvidia can outperform Alphabet and Amazon combined over the next three years.
2026 and 2027 capex plans from hyperscalers are the key driver: Alphabet said its 2027 capital spending will rise significantly from 2026 after record outlays already expected this year.
Nvidia's edge rests on GPUs that remain the preferred, flexible option for training and running AI models, even as alternatives such as Google's TPUs gain traction.
Alphabet and Amazon are still framed as strong long-term holdings, but heavy near-term AI infrastructure spending could weigh on their stock returns until the build-out phase ends.
As tech giants spend billions on AI infrastructure, is Nvidia the only guaranteed winner in this high-stakes race?
The AI boom demands more power than entire countries. Can our aging electric grids handle this future?