Nvidia CEO says AI data center spending will last 7–8 years amid $650B capex boom

Nvidia CEO Jensen Huang reassured investors that the massive spending on AI data center capacity is sustainable, characterizing the current buildout as a "once in a generation infrastructure buildout" that will continue for seven to eight years due to incredibly high demand. This statement coincided with a sharp rebound in Nvidia's stock, which gained over $300 billion in market value. The optimism is fueled by major tech companies like Amazon, which plans to spend $200 billion this year, contributing to an expected combined capital expenditure of $650 billion on AI infrastructure by Amazon, Alphabet, Meta, and Microsoft in 2026. This surge in spending is also boosting related infrastructure providers across the AI supply chain, including semiconductor and storage firms.

(Source：Crypto Briefing)