Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a> <\/p>\n The hyperscalers keep battling it out <\/p>\n Alphabet’s massive $80 billion AI infrastructure build-out will flow into several areas, probably including Nvidia’s GPUs (Graphics Processing Units<\/a>), which remain the workhorse of AI training. While it is true that Alphabet has sought to reduce its reliance on Nvidia’s hardware, notably by doubling down on internally developed custom AI chips, management has been explicit that Nvidia’s GPUs remain central to the company’s business. As Alphabet’s CEO, Sundar Pichai, said: “Nvidia GPUs are a core part of our AI accelerator portfolio.” That should remain the case for the foreseeable future. So, Alphabet’s increased AI spending is excellent news for Nvidia. <\/p>\n But we could go even further. The fact that Alphabet is spending even more to capitalize on growing AI-related opportunities strongly suggests that its biggest cloud competitors — Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) — will likely do the same. Even beyond the hyperscalers, several other companies are doubling down on AI investments. That includes Tesla (NASDAQ: TSLA), whose long-term outlook is becoming increasingly tied to the technology. Tesla is also a major Nvidia customer. And for that matter, so is Space Exploration Technologies (NASDAQ: SPCX), the other public corporation headed by Elon Musk. The message that these (and other) CEOs are sending is crystal clear, and it is a bullish signal for Nvidia. <\/p>\n It’s a great time to buy the stock <\/p>\n Nvidia’s CFO, Colette Kress, said that AI infrastructure spending could reach between $3 trillion and $4 trillion by the end of the decade — according to some estimates, it was only $318 billion last year. If Kress is correct, we could be looking at an enormous remaining opportunity. Even with a more modest projection of $1 trillion by the end of the decade, Nvidia’s addressable market looks massive. <\/p>\n Story Continues <\/p>\n Yet the stock has been sliding over the past month, losing about 6% of its value. Meanwhile, Nvidia’s shares are trading at just 22.2x forward earnings, which is precisely the average for information technology stocks as of this writing. Given Nvidia’s solid lead in the GPU market, the vast remaining runway for growth, the company’s wide moat<\/a> from high switching costs, and its current valuation, the stock looks like a no-brainer buy. Nvidia may not repeat the amazing performance it has had over the past five years, but it can still deliver solid results to long-term investors. <\/p>\n Should you buy stock in Nvidia right now? <\/p>\n Before you buy stock in\u00a0Nvidia, consider this: <\/p>\n The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a010 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0Nvidia\u00a0wasn’t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. <\/p>\n Consider when\u00a0Netflix\u00a0made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $410,833!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $1,208,693!* <\/p>\n That performance is why people listen. With a track record of\u00a0beating the S&P 500 by 4x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 8, 2026. <\/p>\n Prosper Junior Bakiny<\/a> has positions in Alphabet, Amazon, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, Nvidia, and Tesla. The Motley Fool has a disclosure policy<\/a>. <\/p>\n