Nvidia Dominates Big Techs AI Spending Spree

Investor focus during this earnings season has been on Big Tech capital expenditures, particularly how much companies like Microsoft, Amazon, Meta, and Alphabet are investing in AI through chipmakers like Nvidia. Nvidia`s revenue relies heavily on these tech giants, with Microsoft being their biggest customer. While AI investments haven`t translated into revenue streams yet, the market remains optimistic, especially considering Microsoft`s substantial investment suggests confidence in future AI opportunities.