What Amazon and Alphabet Just Said Should Have Nvidia Investors Excited
Briefly

Amazon and Alphabet's recent earnings reports led to investor disappointment due to lackluster first-quarter guidance, causing stocks to plummet. In stark contrast, Nvidia's shares surged by 11% post-release, buoyed by optimism from these tech giants' promising future. Both CEOs emphasized substantial upcoming investments in AI infrastructure—Amazon plans over $100 billion for 2025 while Alphabet earmarks $75 billion—highlighting AI's potential as the biggest business opportunity since the advent of the internet.
AI represents, for sure, the biggest opportunity since cloud, and probably the biggest technology shift and opportunity in business since the Internet.
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Read at 24/7 Wall St.
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