We're coming to the end of another round of closely watched AI earnings, and investors are already scanning the sector to see where AI spending goes next. That will keep the focus on NVIDIA Corp. (NASDAQ: NVDA). But the AI buildout is no longer a one-stock story.
Every hyperscaler capital expenditure (CapEx) update points in the same direction: spending keeps rising. That money doesn't just buy GPUs. It funds custom chips, data center networking, and the power and cooling systems that keep it all running.
