By Adria Cimino, The Motley Fool
Publication Date: 2026-10-30 10:25:00
Key Points
Microsoft offers Nvidia chips as well as other products and services to customers through its cloud business.
The tech giant is investing heavily in the AI infrastructure build-out.
The artificial intelligence (AI) story has been the focus of investors in recent times, but in a different way than in earlier stages of this tech boom. In those initial quarters, investors piled into AI stocks, recognizing the potential of AI to transform businesses and drive earnings growth and share price performance. In many cases, they made the right bet, with hardware and services companies generating explosive growth. Nvidia (NASDAQ:NVDA) has been one of the biggest winners as it dominates the AI chip market.
But over the past year, investors have started to worry about the AI story, with the idea that tech giants building out infrastructure may be overspending. This has weighed on the performance of some of these stocks and prompted investors to pay particularly close attention to tech companies’ spending plans.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nvidia has continued to report double- and triple-digit growth, but its stock performance hasn’t been as eye-popping as in the past. For example, Nvidia stock climbed more than 1,100% over the past…
