Nvidia Drives AI Chip Demand And Market Leadership

Nvidia is outpacing megacap peers this year as investors bet its GPUs and CUDA software will anchor AI infrastructure, driven by heavy capital spending from Microsoft, Amazon, Google and Meta. The chipmaker crossed $2 trillion in 2024 and briefly topped $3 trillion, reflecting confidence in sustained data-center orders for training and inference. Analysts will watch earnings, hyperscaler capex and export controls for demand signals.