"Still the big name in the market today, NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) shares dipped over the past week, but retail investors on Reddit are turning bullish after Meta Platforms (NASDAQ:META) announced a massive multi-year AI infrastructure deal on February 18. NVIDIA sentiment jumped to 59 this week from 54.2 over the past month, with the Meta partnership announcement driving most of the conversation."
"The Meta deal reinforces why NVIDIA continues to dominate AI infrastructure conversations. The company posted $57.01 billion in revenue last quarter, up 62% year over year, with Data Center revenue hitting $51.2 billion. More importantly, Huang told investors during the earnings call that "Blackwell sales are off the charts, and cloud GPUs are sold out." Reddit discussions this week reflect cautious optimism about NVIDIA's position. While r/WallStreetBets showed sentiment scores in the 78 to 88 range during the announcement window, with the week's top r/WallStreetBets post by upvotes titled "I'm in love with Nancy Pelosi" capturing the speculative energy around AI-linked positions, as r/stocks maintained a steadier 58 to 72."
Meta committed to deploy millions of NVIDIA chips across its AI data centers, including the Vera Rubin platform, under a multi-year infrastructure deal tied to a $115–$135 billion 2026 capex plan. NVIDIA reported $57.01 billion in revenue last quarter, up 62% year over year, with Data Center revenue at $51.2 billion. CEO Jensen Huang said large-scale AI deployments at Meta align with NVIDIA's offerings. Huang also noted that Blackwell sales are exceptionally strong and cloud GPUs are sold out. Retail investor sentiment on Reddit rose, reflecting cautious optimism and speculative interest across subreddits.
Read at 24/7 Wall St.
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