Nvidia Shares Rally 30% as Hyperscaler AI Spending Tops $670 Billion
Hyperscaler capex on AI at projected $670 billion in 2026 has driven robust Nvidia chip demand this quarter, with no signs of spending pullback. Meanwhile, Nvidia stock has jumped 30% over the past month as seller volume evaporated, reinforcing bullish sentiment from market commentator Jim Cramer.
1. Hyperscaler AI Investment Trends
Microsoft, Amazon, Meta and Alphabet are poised to invest as much as $670 billion in AI this year, driving unprecedented spending in datacenter infrastructure and high-performance chips.
2. Nvidia Chip Demand Signals
Nvidia's quarterly sales data combined with Taiwan Semiconductor Manufacturing Company capacity insights suggest continued strong orders from cloud providers, with no pullback in high-end chip demand detected.
3. Stock Surge and Seller Exodus
Nvidia shares have climbed 30% in the past month, with trading data showing a sharp drop in sell orders as institutional and retail holders hold positions.
4. Analyst and Market Sentiment
Market commentator Jim Cramer reports that sellers have ‘disappeared,’ reinforcing a bullish outlook that Nvidia will remain central to AI-driven growth in data centers.