By Eric Bleeker
Publication Date: 2026-02-14 14:17:00
Here’s the paradox keeping Wall Street analysts up at night: Tech giants are pouring $700 billion into AI infrastructure, yet Nvidia (NASDAQ:NVDA | NVDA Price Prediction) stock has gone cold. Bloomberg’s headline on Friday captured it perfectly: “Nvidia Shares Go Cold Even as Big Tech Spending on AI Balloons.” The stock that was supposed to be the ultimate AI beneficiary is seeing limited gains while its customers announce record spending sprees.
The Disconnect That Doesn’t Make Sense
The numbers tell a story that seems disconnected from reality. Nvidia just posted year-to-date returns of negative 1.98% through Friday. Over the past month, the stock has been essentially flat while Meta Platforms (NASDAQ:META), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN) announced AI infrastructure buildouts that would make a small country jealous.
Prediction markets tell the same story. Polymarket traders are pricing in just a 35% probability that Nvidia closes February above $190. The crowd expects the stock to stay range-bound in the $185-$190 zone, not exactly the behavior you’d expect from a company sitting at the center of a $700 billion spending boom.
Why NVIDIA is Stangnating and Dropped 2% Yesterday
If you’re looking for reasons for weakness, there are plenty that investors could point to.
Insider selling has been consistent. CFO Colette Kress dumped approximately 164,000 shares across 60 transactions over three months. EVP Ajay Puri liquidated 438,973…
