Alphabet CEO Sundar Pichai Just Delivered Incredible News for Nvidia Stock Investors

Nvidia (NASDAQ: NVDA) recently became the first company in the entire world to cross $4 trillion in market capitalization. Most of that value was created on the back of booming sales of its graphics processing units (GPUs) for the data center, which are the best chips on the market for developing artificial intelligence (AI).The latest crop of AI models are capable of "reasoning," which means they spend time thinking before rendering responses. They require a lot more computing capacity than traditional large language models (LLMs), which is why Nvidia CEO Jensen Huang believes data center spending will top $1 trillion per year by 2028.The world's largest data center operators will have to continue increasing their spending significantly for Huang's prediction to come true. Fortunately, a recent update from Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) CEO Sundar Pichai suggests things are moving in the right direction.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool