Key Points The AI hyperbuild is now an accounting line item, with major tech companies raising 2025 capital expenditure plans and pointing to even larger 2026 budgets. Nvidia has more than $500 billion in revenue visibility through 2026 from Blackwell and Rubin GPU orders, with demand tied directly to hyperscaler spending. Amazon Web Services just posted 20% growth in Q3, its fastest pace since 2022, while custom silicon reduces costs as AI workloads scale. 10 stocks we like better than Nvidia › ...