Meta’s $115 Billion AI Bet Puts NVIDIA at the Center of a Multi-Year Spending Cycle

By David Beren Published Feb 19, 12:39PM EST

Quick Read

Nvidia (NVDA) secured a multi-year AI infrastructure deal with Meta worth $115B to $135B in 2026 CapEx.
Nvidia posted $57.01B in quarterly revenue with 62% year-over-year growth. Data Center revenue hit $51.2B.
Nvidia’s Blackwell GPUs are sold out through mid-2026. Networking revenue surged 162% year over year.
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Meta’s $115 Billion AI Bet Puts NVIDIA at the Center of a Multi-Year Spending Cycle — © 24/7 Wall St.

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.

An infographic detailing NVIDIA's social sentiment score and its contributing factors. The top section features the Meta and NVIDIA logos connected by circuit board lines, emphasizing a 'Multi-Year AI Infrastructure Deal'. Below, a speedometer-like gauge displays the 'NVDA SOCIAL SENTIMENT SCORE' as 59, labeled 'NEUTRAL (Bullish Lean)', with an upward arrow indicating it 'Jumped from 54.2 last month'. The 'Week Avg Sentiment' is also 59. The bottom section, titled 'WHAT IS DRIVING THE SCORE TODAY', presents three key drivers: 'Meta's 2026 CapEx Plan: $115B-$135B' with an icon of stacked coins and an arrow, 'NVDA Q3 Revenue: $57.01B (+62% YoY)' with a rising bar chart icon, and 'Jensen Huang: Blackwell GPUs Sold Out' with an icon depicting a computer chip under a cloud. — NVIDIA’s social sentiment score reached 59 in February 2026, indicating a bullish lean, driven by its multi-year AI infrastructure pact with Meta Platforms. This marks an increase from 54.2 in the previous month.

Ultimately, the deal will position NVIDIA as the primary beneficiary of Meta’s $115 billion to $135 billion capital expenditure plan for 2026. According to Meta’s official announcement, the social media giant will deploy millions of NVIDIA chips across its AI data centers, including the next-generation Vera Rubin platform. NVIDIA CEO Jensen Huang said in a statement, “No one deploys AI at Meta’s scale integrating frontier research with industrial-scale infrastructure to power the world’s largest personalization and recommendation systems for billions of users.”

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Data Center Revenue Up 62%: Why the Meta Deal Extends an Already-Hot Streak

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. One commenter in the r/stocks thread on the Meta-Nvidia partnership wrote: “Does this signal a durable AI spending cycle or is this just concentration risk building up?” The bullish case centers on three factors:

Blackwell GPUs remain sold out through mid-2026, creating a supply constraint that protects pricing power
Meta’s massive CapEx commitment validates the durability of AI infrastructure spending beyond the initial hype cycle
NVIDIA’s networking revenue surged 162% year over year, showing the company is capturing more value per data center deployment

The Price Gap Between Reddit Optimism and Analyst Targets

Still, there is no consensus on a 12-month price target of $201.41 for NVIDIA; AI-powered forecasts indicate only 7% upside from current levels. However, the consensus analyst target is $255.82, and 24 of 39 analysts rate it a Strong Buy. Meta’s commitment extends NVIDIA’s contracted demand through 2027, when Vera Rubin GPU deployments are scheduled to ramp, providing the company with unusual forward revenue clarity for a hardware business.

About the Author David Beren →

David Beren has been a Flywheel Publishing contributor since 2022. Writing for 24/7 Wall St. since 2023, David loves to write about topics of all shapes and sizes. As a technology expert, David focuses heavily on consumer electronics brands, automobiles, and general technology. He has previously written for LifeWire, formerly About.com.

As a part-time freelance writer, David’s “day job” has been working on and leading social media for multiple Fortune 100 brands. David loves the flexibility of this field and its ability to reach customers exactly where they like to spend their time. Additionally, David previously published his own blog, TmoNews.com, which reached 3 million readers in its first year.

In addition to freelance and social media work, David loves to spend time with his family and children and relive the glory days of video game consoles by playing any retro game console he can get his hands on.