Global IT Spending Expected to Surge 10.8%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 15 2026
0mins
Should l Buy NVDA?
Source: NASDAQ.COM
- Surge in IT Spending: Gartner forecasts that global IT spending will reach $6.15 trillion in 2026, reflecting a 10.8% increase over 2025, indicating a strong commitment from enterprises to invest in data center infrastructure, which could significantly boost the performance of related tech companies.
- Nvidia's Market Dominance: Nvidia commands a 92% share of the data center GPU market and is expected to benefit from the surge in IT spending, with total revenue for fiscal 2026 reaching $215.9 billion, a 65% increase year-over-year, highlighting its strong demand and market position in AI hardware.
- Equinix's Growth Potential: As a data center REIT, Equinix operates 280 data centers across 36 countries, serving over 10,500 companies, and is expected to maintain a 2% dividend yield in 2026, reflecting its stable revenue sources and robust market demand.
- Increased Capital Expenditure: Amazon plans to spend $200 billion in 2026, exceeding analyst expectations by $50 billion, while Alphabet anticipates its capital expenditures to double, further driving the construction of data center infrastructure and promoting long-term growth for related companies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NVDA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 235.740
Low
200.00
Averages
264.97
High
352.00
Current: 235.740
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is an artificial intelligence (AI) infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. Its segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics. Its technology stack includes the foundational NVIDIA CUDA development platform that runs on all NVIDIA GPUs, as well as hundreds of domain-specific software libraries, frameworks, algorithms, software development kits (SDKs), and application programming interfaces (APIs). Its platforms address four markets, which include Data Center, Gaming, Professional Visualization, and Automotive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nvidia Market Cap Surpasses $5.36 Trillion
- Market Recovery: Nvidia (NVDA) saw its market cap dip below $5 trillion earlier this year, but since March, its stock has surged 18%, currently valued at $5.36 trillion, outperforming the S&P 500 and indicating strong market recovery potential.
- AI Technology Leadership: With its deep expertise in GPUs, Nvidia has positioned itself as a key driver of artificial intelligence development, and its latest Vera Rubin architecture is expected to be widely adopted by every cloud model builder, further solidifying its market position.
- Optimistic Earnings Forecast: Nvidia is expected to report a 79% sales increase in its upcoming May 20 earnings report for Q1 2027, with projected earnings per share rising from $0.81 last year to $1.78, showcasing robust profitability and market confidence.
- Investor Confidence Restored: Following strong Q1 earnings reports from major AI developers like Amazon and Alphabet, market confidence in Nvidia's growth prospects has been restored, with CEO Jensen Huang's mention of a $1 trillion sales opportunity further fueling investor optimism.
See More
Trump Invites Xi to White House for Trade Talks
- Meeting Context: On May 15, 2026, U.S. President Trump met with Chinese President Xi Jinping at Zhongnanhai Garden in Beijing, discussing future trade negotiations, highlighting the complexity and significance of U.S.-China relations.
- White House Invitation: Trump announced at a state dinner his invitation for Xi to visit the White House on September 24, indicating that trade talks will extend beyond this week's two-day summit in Beijing, potentially influencing future economic policy directions.
- Strategic Stability Framework: Xi stated that both nations agreed to a framework of 'strategic stability' for the next three years, which could lay the groundwork for long-term development in bilateral relations, although specific agreements remain unconfirmed.
- Future Meeting Arrangements: The two leaders may meet again during the UN General Assembly in September, the APEC meeting in November, and the G20 meeting in December, providing opportunities for further economic cooperation in these significant international forums.
See More
Trump Discloses Hundreds of Millions in Financial Transactions
- Massive Transaction Volume: Trump's financial disclosures for Q1 2026 reveal over 3,700 transactions valued between $220 million and $750 million, indicating his significant activity and influence in the financial markets.
- Focus on Tech Stocks: The transactions predominantly involve tech giants like Nvidia, Microsoft, Amazon, and Meta, reflecting Trump's strategic emphasis on the technology sector and investment approach.
- Timing Coincidences: Some trades coincided with major news from the companies involved, such as purchasing Nvidia stock a week before a significant chip deal with Meta, suggesting Trump's potential sensitivity to market dynamics.
- Trust Management Transparency: The White House stated that Trump's assets are held in a trust managed by his children, asserting that
See More
Nvidia and Micron Stocks Fluctuate Post US-China Summit
- Stock Decline: Nvidia's stock fell by 3.4% due to the failure to secure H200 chip sales, while Micron's stock dropped by 5.5%, reflecting market anxiety over US-China trade relations.
- Sales Not Realized: Although the US government permitted Nvidia to sell H200 chips to ten Chinese companies, no actual sales occurred, indicating that Chinese buyers may prefer to develop their own semiconductors, impacting Nvidia's market outlook.
- Market Reaction: President Trump expressed dissatisfaction over the lack of a deal, stating that Chinese buyers chose not to purchase Nvidia chips, possibly to avoid giving the US President a win at the summit, highlighting the complex dynamics between the two nations.
- Long-term Implications: If China successfully develops advanced chips that can compete with US companies, it could pose a long-term threat to Nvidia and Micron, although in the short term, Micron can still find other buyers for AI chips.
See More
Nvidia Shares Drop 5% Amid Market Pullback
- Stock Fluctuation: Nvidia shares dropped as much as 5% today, with a current decline of 3.3% as of 12:23 p.m. ET, while the Nasdaq Composite index fell by 1.25%, indicating pressure from a broader market pullback.
- Earnings Expectations: Despite the stock decline, Nvidia has surged over 15% in the past month, and investor anticipation is high for the upcoming earnings report; if results exceed expectations, the stock could rise again.
- China Market Dynamics: There have been no new developments regarding Nvidia's business in China, as its H200 chips are now approved for sale but lack major orders, reflecting increased demand for domestic AI chips from Chinese companies, posing a challenge for Nvidia.
- Sales Growth Potential: Nvidia's sales continue to soar in other markets, and if it exceeds estimates in the upcoming earnings report, today's dip may present a timely buying opportunity for investors.
See More
U.S. Stocks Retreat as Tech Shares Decline
- Market Retreat: The three major indexes fell on Friday due to weakness in technology stocks and rising Treasury yields, with the benchmark 10-year yield climbing to 4.58%, putting pressure on growth stocks as investors rotated between high-flying tech and lagging value stocks.
- Disappointment from U.S.-China Summit: The meeting between Trump and Xi failed to deliver major breakthroughs, particularly disappointing investors with Boeing's aircraft commitment, which fell short of the anticipated 500 planes, coming in at around 200, thus pressuring Boeing's stock.
- Volatility in Arm Holdings: Shares of Arm Holdings dropped 7% on Friday, continuing a volatile trend following its earnings report, with Jim Cramer cautioning that the market is anxious about its ability to secure sufficient manufacturing capacity at TSMC for its AGI CPU, recommending a reduction in exposure.
- Rapid Fire Stock Review: Stocks mentioned at the end of Friday's video included Applied Materials, Dexcom, and Texas Roadhouse, with Jim Cramer's charitable trust holding positions in Arm, Boeing, and Nvidia, emphasizing the importance of timely trade alerts for subscribers.
See More
Nvidia Market Cap Surpasses $5.36 Trillion
- Market Recovery: Nvidia (NVDA) saw its market cap dip below $5 trillion earlier this year, but since March, its stock has surged 18%, currently valued at $5.36 trillion, outperforming the S&P 500 and indicating strong market recovery potential.
- AI Technology Leadership: With its deep expertise in GPUs, Nvidia has positioned itself as a key driver of artificial intelligence development, and its latest Vera Rubin architecture is expected to be widely adopted by every cloud model builder, further solidifying its market position.
- Optimistic Earnings Forecast: Nvidia is expected to report a 79% sales increase in its upcoming May 20 earnings report for Q1 2027, with projected earnings per share rising from $0.81 last year to $1.78, showcasing robust profitability and market confidence.
- Investor Confidence Restored: Following strong Q1 earnings reports from major AI developers like Amazon and Alphabet, market confidence in Nvidia's growth prospects has been restored, with CEO Jensen Huang's mention of a $1 trillion sales opportunity further fueling investor optimism.
See More
Trump Invites Xi to White House for Trade Talks
- Meeting Context: On May 15, 2026, U.S. President Trump met with Chinese President Xi Jinping at Zhongnanhai Garden in Beijing, discussing future trade negotiations, highlighting the complexity and significance of U.S.-China relations.
- White House Invitation: Trump announced at a state dinner his invitation for Xi to visit the White House on September 24, indicating that trade talks will extend beyond this week's two-day summit in Beijing, potentially influencing future economic policy directions.
- Strategic Stability Framework: Xi stated that both nations agreed to a framework of 'strategic stability' for the next three years, which could lay the groundwork for long-term development in bilateral relations, although specific agreements remain unconfirmed.
- Future Meeting Arrangements: The two leaders may meet again during the UN General Assembly in September, the APEC meeting in November, and the G20 meeting in December, providing opportunities for further economic cooperation in these significant international forums.
See More
Trump Discloses Hundreds of Millions in Financial Transactions
- Massive Transaction Volume: Trump's financial disclosures for Q1 2026 reveal over 3,700 transactions valued between $220 million and $750 million, indicating his significant activity and influence in the financial markets.
- Focus on Tech Stocks: The transactions predominantly involve tech giants like Nvidia, Microsoft, Amazon, and Meta, reflecting Trump's strategic emphasis on the technology sector and investment approach.
- Timing Coincidences: Some trades coincided with major news from the companies involved, such as purchasing Nvidia stock a week before a significant chip deal with Meta, suggesting Trump's potential sensitivity to market dynamics.
- Trust Management Transparency: The White House stated that Trump's assets are held in a trust managed by his children, asserting that
See More
Nvidia and Micron Stocks Fluctuate Post US-China Summit
- Stock Decline: Nvidia's stock fell by 3.4% due to the failure to secure H200 chip sales, while Micron's stock dropped by 5.5%, reflecting market anxiety over US-China trade relations.
- Sales Not Realized: Although the US government permitted Nvidia to sell H200 chips to ten Chinese companies, no actual sales occurred, indicating that Chinese buyers may prefer to develop their own semiconductors, impacting Nvidia's market outlook.
- Market Reaction: President Trump expressed dissatisfaction over the lack of a deal, stating that Chinese buyers chose not to purchase Nvidia chips, possibly to avoid giving the US President a win at the summit, highlighting the complex dynamics between the two nations.
- Long-term Implications: If China successfully develops advanced chips that can compete with US companies, it could pose a long-term threat to Nvidia and Micron, although in the short term, Micron can still find other buyers for AI chips.
See More
Nvidia Shares Drop 5% Amid Market Pullback
- Stock Fluctuation: Nvidia shares dropped as much as 5% today, with a current decline of 3.3% as of 12:23 p.m. ET, while the Nasdaq Composite index fell by 1.25%, indicating pressure from a broader market pullback.
- Earnings Expectations: Despite the stock decline, Nvidia has surged over 15% in the past month, and investor anticipation is high for the upcoming earnings report; if results exceed expectations, the stock could rise again.
- China Market Dynamics: There have been no new developments regarding Nvidia's business in China, as its H200 chips are now approved for sale but lack major orders, reflecting increased demand for domestic AI chips from Chinese companies, posing a challenge for Nvidia.
- Sales Growth Potential: Nvidia's sales continue to soar in other markets, and if it exceeds estimates in the upcoming earnings report, today's dip may present a timely buying opportunity for investors.
See More
U.S. Stocks Retreat as Tech Shares Decline
- Market Retreat: The three major indexes fell on Friday due to weakness in technology stocks and rising Treasury yields, with the benchmark 10-year yield climbing to 4.58%, putting pressure on growth stocks as investors rotated between high-flying tech and lagging value stocks.
- Disappointment from U.S.-China Summit: The meeting between Trump and Xi failed to deliver major breakthroughs, particularly disappointing investors with Boeing's aircraft commitment, which fell short of the anticipated 500 planes, coming in at around 200, thus pressuring Boeing's stock.
- Volatility in Arm Holdings: Shares of Arm Holdings dropped 7% on Friday, continuing a volatile trend following its earnings report, with Jim Cramer cautioning that the market is anxious about its ability to secure sufficient manufacturing capacity at TSMC for its AGI CPU, recommending a reduction in exposure.
- Rapid Fire Stock Review: Stocks mentioned at the end of Friday's video included Applied Materials, Dexcom, and Texas Roadhouse, with Jim Cramer's charitable trust holding positions in Arm, Boeing, and Nvidia, emphasizing the importance of timely trade alerts for subscribers.
See More
