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Nvidia’s AI-Driven Growth Continues to Impress Amid Data Center Expansion
Nvidia’s AI-Driven Growth Continues to Impress Amid Data Center Expansion
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BTCCSquare news:
Nvidia's stock remains a compelling investment despite its meteoric rise, with data center growth serving as the primary catalyst. The company's GPUs, essential for AI training and processing, are fueling unprecedented demand. Global data center capex is projected to surge from $400 billion in 2024 to $1 trillion by 2028, signaling sustained momentum.
Hyperscalers are already adjusting capex projections upward, with one major player increasing its 2025 guidance from $75 billion to $85 billion. This near-term acceleration underscores Nvidia's central role in the AI infrastructure boom.
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