2 AI Stocks That Could Go Parabolic
Wall Street may argue all about the artificial intelligence (AI) bubble, but big tech's spending plans in global AI infrastructure are too large to ignore, right now. Amazon, , Microsoft, and Meta Platforms expect to collectively spend roughly $650 billion on AI infrastructure in 2026, up about 60% year over year.
Image source: Getty Images.
With a significant portion of this spending already locked in through data center permits, power contracts, and supply agreements, core AI infrastructure players such as Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) are likely to benefit from the near-term demand.
Source Fool.com
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