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Barchart
Barchart
Pathikrit Bose

Nvidia CEO Jensen Huang Is Betting on $1 Trillion in Data Center Buildouts By 2028. Here’s the Top Stock to Buy.

Nvidia AMD Jensen Huang

At its GTC 2025 event this week, Nvidia (NVDA) CEO Jensen Huang asserted that data center buildouts will reach $1 trillion by 2028, earlier than his previous forecast of 2030. This has made the case stronger for Nvidia bulls to load up on the company’ss stock at current mouth-watering valuations.

While Nvidia remains the foremost player in the GPU market and has seen its data center segment sales skyrocket, this boon for the data center industry could also create a compelling reason for investors to bet on its nearest competitor. This number-two player is also the top-ranked data center stock as tracked by Barchart. 

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