business

AI spending expected to top $1 trillion in 2 years. That estimate's way too low if Jensen Huang's right

CNBC · May 21, 2026, 7:39 PM · Also reported by 3 other sources

"The capex is at a trillion dollars, and it's growing toward the three to four [trillion-dollar mark]," said Nvidia CEO Jensen Huang.

Read full story on CNBC → More top stories

Also covered by

MarketWatch Nvidia’s Jensen Huang wants to be king of a brand-new empire Yahoo Finance Jensen Huang Said Something Surprising About AI. Here's Why Nvidia Investors Should Pay Attention. Investing.com Brazil’s government expected to expand spending block on ministries, says finance minister

Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

AI spending expected to top $1 trillion in 2 years. That estimate's way too low if Jensen Huang's right

Also covered by

More in business