# AI Spending Nears $1 Trillion. Two Stocks at Risk

> AI spending hits $1 trillion annually. Nvidia and Micron face stock risks if AI investment slows.
- Title: AI Spending Nears $1 Trillion. Two Stocks at Risk | Shortify
- Summary: AI spending hits $1 trillion annually. Nvidia and Micron face stock risks if AI investment slows. Nvidia and Micron could see stock declines if AI spending…
- Keywords: ai spending, nvidia, micron, ai infrastructure, stock risk, tech giants, ai investment, finance, money, Spending, Nears, Trillion
- Source: The Motley Fool — https://fool.com/investing/2026/10/28/ai-spending-is-nearing-1-trillion-2-stocks-most-at
- Author: Rick Orford
- Published: 2026-10-28T21:20:00+00:00
- Read time: 1 min
- Topics: ai spending, nvidia, micron, ai infrastructure, stock risk, tech giants, ai investment, finance, money
## AI Spending Approaching $1 Trillion
Artificial intelligence capital expenditures are nearing $1 trillion annually, driving massive opportunities for chipmakers.
## Nvidia's Record Revenue
Nvidia reported $96.2 billion revenue in fiscal 2027 Q2, with data center business generating $89 billion.
## Nvidia's Vulnerability
Nvidia faces risks if cloud providers delay data center projects or existing compute capacity is sufficient.
## Micron's Record Revenue
Micron reported $54.2 billion quarterly revenue and $133.2 billion annual revenue, both record figures.
## Memory Supply Glut Risk
A supply glut could hurt Micron if memory prices fall due to oversupply from aggressive production.
## Stock Risk if AI Slows
Both Nvidia and Micron could struggle if AI spending growth cools, as their stock valuations depend on sustained AI investment.
## Key takeaway

Nvidia and Micron could see stock declines if AI spending slows, as both rely on tech giants' AI infrastructure investments.