AI Infrastructure Spending Outlook and NVIDIA, Amazon Earnings
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View chart & analysis → - 1Analysts forecast that cumulative spending on artificial intelligence (AI) infrastructure will reach $31.6 trillion by 2050.
- 2NVIDIA increased its quarterly dividend per share by 2,400% last May, recording a quarterly dividend of $0.25 per share.
- 3Amazon recorded a backlog of $496 billion at the end of this quarter.
So what's the key point?
Spending on artificial intelligence facilities is expected to reach $31.6 trillion by 2050. NVIDIA significantly increased its dividends to shareholders, and Amazon has a very large amount of orders on hand.
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