Wall Street loves this under-the-radar Nvidia derivative play

Wall Street loves this under-the-radar Nvidia derivative play

Shares have held steady so far this year, rising about 1%, while Nvidia stock has lost about 15%.

Kathleen Brooks, research director at XTB, says the U.S. chip maker has had a bullish day in stock exchange "thanks to Meta's increased capital investment." "Microsoft also maintains its capital investment in AI, but at a slightly lower rate than in the previous quarters, which is well received by the market. Meta is Nvidia's second largest customer, and its orders account for more than 9% of its revenues, so it's no wonder that the chip manufac…

Why Nvidia Stock Is Riding High on the Back of Microsoft and Meta’s Big Quarters - Wall Street Pit

Nvidia (NVDA) shares surged nearly 5% in early trading Thursday, driven by strong AI demand signaled by Microsoft (MSFT), Meta (META), and Alphabet (GOOGL), countering a 19% year-to-date stock decline amid U.S. AI chip export restrictions and overbuild fears. Meta raised its 2025 capital expenditure guidance by 9% to $64…