NVIDIA CEO Jensen Huang described current AI capital expenditure as a once-in-a-generation infrastructure buildout with seven to eight years remaining. Huang told CNBC that product demand remains sky high to address investor concerns regarding the longevity of the AI cycle. Key supplier Wistron separately confirmed that AI is not a bubble and reported strong order visibility through 2027.
NVIDIA shares surged nearly 8% on Friday, February 6, 2026. This gain marked the stock's best single-day performance since April 2025. The rally ended a five-day losing streak for the company.
Increased AI data center spending by major cloud providers, including Amazon and Alphabet, further supported the market gains. The Dow Jones Industrial Average surpassed the 50,000 mark for the first time in history. Chipmakers across the sector saw broad gains following the positive sentiment.