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.

If you look back at the past couple of years, there's arguably no stock that has received as much attention as Nvidia (NASDAQ: NVDA). The current artificial intelligence (AI) boom has propelled Nvidia into the spotlight and to being the world's most valuable public company.

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,