Alphabet reported strong fourth-quarter results, with plans to double capex to $175-$185 billion this year. Nvidia stands to benefit from this increased spending, as Alphabet focuses on AI investments. Despite concerns about aggressive spending, Alphabet remains bullish on AI’s potential to drive growth. This could bode well for Nvidia’s fiscal 2027 revenue projections, with potential for outperformance. Investors should consider the impact of these developments before buying Nvidia stock.

Read more at Nasdaq: Alphabet Just Delivered Great News for Nvidia Stock Investors