Nvidia(NVDA) The Motley Fool·2025-01-22 23:13Stock Performance - Nvidia stock gained 4 4% in Wednesday's trading, outperforming the S&P 500 index's 0 6% gain and the Nasdaq Composite index's 1 2% increase [1] Stargate Announcement - Stargate, a new joint venture formed by OpenAI, Oracle, and Softbank, announced a $100 billion investment in U S AI infrastructure [2][3] - The project could see up to $500 billion in investments over the next four years [3] Nvidia's Role in AI Infrastructure - Nvidia is poised to benefit significantly from Stargate's infrastructure spending due to its dominant position in GPUs for AI [4][5] - The company's GPUs are the preferred hardware for training and running advanced AI applications [4] Market Outlook - Nvidia has been posting strong sales and earnings growth in conjunction with the rise of AI [5] - Microsoft, Nvidia's largest customer, plans to spend approximately $80 billion on AI data center infrastructure this year [6] - The formation of Stargate could bring another massive customer into the AI data center space, further benefiting Nvidia [6]