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Nvidia CEO Jensen Huang Is Betting on $1 Trillion in Data Center Buildouts By 2028. Here's the Top Stock to Buy.


Published on 2025-03-22 15:21:16 - Barchart
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  • At its GTC 2025 event this week, Nvidia (NVDA) CEO Jensen Huang asserted that data center buildouts will reach $1 trillion by 2028, earlier than his previous forecast of 2030. This has made the case stronger for Nvidia bulls to load up on the company'ss stock at current mouth-watering valuations.

The article from MSN Money discusses Nvidia CEO Jensen Huang's optimistic outlook on the future of data centers, predicting a $1 trillion investment in data center infrastructure by 2028. This forecast is driven by the increasing demand for AI, machine learning, and cloud computing, which require substantial computing power. Huang's comments were made during Nvidia's GTC conference, where he highlighted the shift towards accelerated computing. The article suggests that investors looking to capitalize on this trend might consider investing in Nvidia itself, given its pivotal role in providing GPUs and other hardware essential for these advanced computing needs. However, the article also mentions other companies like AMD, Intel, and cloud service providers like Amazon Web Services, Microsoft Azure, and Google Cloud as potential beneficiaries of this data center boom.

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[ https://www.msn.com/en-us/money/markets/nvidia-ceo-jensen-huang-is-betting-on-1-trillion-in-data-center-buildouts-by-2028-here-s-the-top-stock-to-buy/ar-AA1BsoPT ]