Nvidia’s stock rose 2.5%, leading gains among chipmakers, following updates from Meta and Microsoft reaffirming their significant investments in artificial intelligence infrastructure. Microsoft maintained its $80 billion AI data center spending plan, while Meta increased its 2025 capital expenditure outlook to between $64 billion and $72 billion. Other chipmakers like Broadcom and Nvidia supplier Micron saw share prices rise as well, while AMD experienced volatility. Investor concerns about a possible slowdown in AI spending were calmed by the tech giants’ continued commitment, highlighting the enormous capital being directed toward supporting AI and data center growth.
Nvidia Leads Chipmaker Rally After Meta and Microsoft Recommit to AI Investments
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