NVIDIA's market value exceeds $4 trillion, becoming the first company in the world to reach this milestone. Dan Morgan, Senior Portfolio Manager at Synovus Trust, stated that as a barometer for AI capital expenditures, NVIDIA's (NVDA.O) stock price trends indicate that the slowdown in AI investment has bottomed out. The four major cloud computing giants—Amazon, Microsoft, Meta, and Alphabet—are expected to collectively invest over $330 billion in capital expenditures to build AI infrastructure by 2025, a significant increase of 38% compared to the estimated expenditure of $240 billion in 2024. The biggest cloud looming over NVIDIA's stock price is the uncertainty regarding a potential slowdown in sales growth in the second half of this year during the transition of customers from the Hopper series chips to the new generation Blackwell chips.