By Keithen Drury
Publication Date: 2026-02-28 12:00:00
Key Points
Nvidia (NASDAQ: NVDA) is one of the hottest stocks in the market. It’s seeing monster growth due to its presence in the artificial intelligence (AI) sector, as its computing units have become the go-to option.
This growth is expected to last for several years, with many projections pointing to the AI build-out lasting through 2030. However, it could go on for longer than that if the need for more computing power arises.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Where will Nvidia be by 2030? I think the answer will surprise most investors, as the company may achieve levels never before experienced by any company.
Image source: Nvidia.
Nvidia expects AI spending to intensify
While many investors are focused on the massive amount of money being spent on AI computing capacity right now, it’s nothing compared to where Nvidia believes it’s going. For 2026, many expect the big four AI hyperscalers to spend around $650 billion on data center capital expenditures. There are several other players in this space alongside businesses in China, so that the real figure may be closer to $1 trillion. However, Nvidia expects global data center capital expenditures to reach $3 trillion to $4 trillion by 2030.
This could be feasible based on AI starting to generate real revenue for the…
