Nvidia (NVDA) Stock Jumps 5% on Big Tech Capital Spending Bonanza

TLDR Nvidia stock climbed 2.5% Monday following a 7.9% Friday rally driven by tech company AI spending plans Tech giants expected to spend over $650 billion on capital expenditure in 2026, heavily focused on AI infrastructure Analysts predict OpenAI’s $100 billion fundraising will benefit Nvidia, AMD, and Broadcom Stock still faces headwinds from tech rotation, [...]

The post Nvidia (NVDA) Stock Jumps 5% on Big Tech Capital Spending Bonanza appeared first on Blockonomi.