1 Stock Prime to Cash In on $1 Trillion in Data Center Spending During 2027
Nvidia is in a prime position to capitalize on huge spending.
1 Stock Prime to Cash In on $1 Trillion in Data Center Spending During 2027
Overview
The artificial intelligence (AI) hyperscalers sent ripples through the investing world when the big four projected $650 billion in capital expenditures for 2026, with nearly all of that total going toward building data centers. Despite 2026 not being halfway over, we're already getting estimates for 2027 spending, which could be big news for some investors.
Nvidia (NASDAQ: NVDA) broke the news that projections are tending toward $1 trillion in data center capital expenditures next year, and other commentary from hyperscalers like Alphabet confirms it. Despite giving a range of $180 billion to $190 billion in capital expenditures this year, Alphabet told investors that next year's totals will be "significantly higher." That's huge news for investors, especially those who are heavily invested in artificial intelligence (AI) infrastructure businesses like I am.
Details
I think the biggest beneficiary of all this spending is right under investors' noses, and the company is set to capitalize on it next year.
Source
Originally published at www.fool.com.
