Key Points PwC expects a significant uptick in annual data center spending between 2026 and 2050. The firm notes that more money will be spent on AI chips after 25 years. Nvidia remains the leader in the AI chip market, and the secular growth of this space will ensure terrific long-term growth for the company. 10 stocks we like better than Nvidia › Artificial intelligence (AI) infrastructure spending isn't showing any signs of slowing down. Industry bellwether Nvidia (NASDAQ:NVDA) noted on its August earnings call that the top five U.S. hyperscalers alone are on track to clock $800 billion in capital expenditure this year. Even better, Nvidia projects that this figure will jump to $1.3 trillion in 2027.
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