Nvidia’s Vision: A Trillion-Dollar Infrastructure Era Dawns

While Nvidia’s shares have seen a subdued start to 2026, trailing the broader market’s performance, CEO Jensen Huang presented a radically different long-term outlook at this week’s World Economic Forum in Davos. He described what he believes will be the most significant infrastructure build-out in human history, a vision compelling retail investors to buy despite recent share price weakness.

Institutional Eyes on February Earnings

The investment community is keenly focused on February 25, when Nvidia will release its results for the fourth fiscal quarter. Analysts at Citi express confidence, pointing to accelerating demand for computing power to fuel the next generation of AI models. Optimism is further bolstered by developments announced at CES 2026: production of the new “Rubin” chips is already running at full speed, a full six months ahead of the original schedule.

The current market consensus forecasts revenue of $65.56 billion for the past quarter, which would represent year-over-year growth of 67%. Analysts, on average, anticipate earnings per share of $1.52.

Addressing the Bubble Debate Head-On

Amid recurring warnings from critics about a potential AI bubble, Jensen Huang took a firm stance against such concerns in Davos. He suggested these fears arise primarily because of the sheer scale of current capital investment. The Nvidia CEO forecasts trillion-dollar investments, labeling the ongoing construction of data centers as the largest infrastructure project humanity has ever undertaken.

Should investors sell immediately? Or is it worth buying Nvidia?

Huang argues these colossal sums are justified by extraordinary technological opportunities. An interesting side effect of this boom: the surging demand for skilled workers to construct chip and AI factories is dramatically driving up wages in the sector. Huang reported six-figure salaries for tradespeople building the physical infrastructure of the AI revolution.

Retail Investors See a Buying Opportunity

The contrast between recent share performance and retail investor sentiment is stark. Despite the stock declining 3.49% since the start of the year and closing at $182.25 on Thursday, smaller investors are actively purchasing. Data from Vanda Research indicates that net inflows from this segment into Nvidia stock totaled $706 million in just the last five trading days.

Market experts continue to label the company the “undisputed king of retail investors.” While other tech giants like Alphabet and Amazon have posted gains in 2026, investors appear to be using Nvidia’s pullback from its 52-week high of $190.53 as a chance to increase their holdings.

A Backlog Signaling Sustained Demand

Attention is now fully trained on the late-February reporting date. CFO Colette Kress had already signaled that the company’s order backlog, previously estimated at over $500 billion, has continued to grow and will definitively exceed earlier forecasts. The combination of accelerated chip production and unwavering customer investment commitment is likely to be the key benchmark for the stock’s upcoming trajectory.