The tech industry's hyperscalers have reported second-quarter earnings, and one main theme has emerged: They continue to spend heaps of cash on AI infrastructure.

Nvidia (NASDAQ:NVDA) stock continues to be the talk of the town. Jensen Huang’s GPU empire has really made the most of the AI boom. And while there will be other winners from this revolution, especially as agents and the race to AGI (artificial general intelligence) fuels the boom,

It has rebounded in epic fashion from lows experienced earlier this year, but can the company keep up this momentum?