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Alphabet Just Announced Incredible News for Nvidia Stockholders

The Motley Fool Logo The Motley Fool By Adria Cimino
Alphabet Just Announced Incredible News for Nvidia Stockholders

Alphabet reported its first $100 billion quarterly revenue and increased capital expenditure forecast, signaling strong AI infrastructure investment that could benefit Nvidia's GPU business and future growth prospects.

Insights
NVDA   positive

Alphabet's increased capital expenditure and commitment to AI infrastructure suggests continued strong demand for Nvidia's GPU systems, indicating potential revenue growth and market leadership