Bilal called NVDA's $500B institutional coalition with Apollo, Blackstone, and BlackRock 'almost like a digital infrastructure bill,' signaling private capital now backs AI buildout. Jensen Huang cited $1 trillion in Blackwell and Rubin revenue visibility through 2027, and he projected AI infrastructure spending at $3 to $4 trillion annually by decade's end. NVDA carries 58 Buy ratings and an 85% Polymarket probability of a new all-time high, but 27 recent insider transactions trend toward net selling.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now. The hosts of Earn Your Leisure, Rashad Bilal and Troy Millings, framed NVIDIA (NASDAQ:NVDA) as a national infrastructure story with the weight of a public works program.
On their episode "Are We Building a Permanent Tech Prison? NVIDIA's $500B Plan Explained," they broke down the chipmaker's $500 billion AI investment partnership with Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs and KKR, arriving at a bullish conclusion that hinges on who is now writing the checks. Bilal's framing was blunt: "When the big boys get together and they're putting in $50 billion at a time for a project, they're going to ensure that it works.
This is almost like a digital infrastructure bill." That analogy matters because it reframes NVIDIA's capex cycle as something closer to a public works program with private balance sheets behind it. Millings added the structural point that carries the bull case forward: "That means that institutions are now putting money in here, and it won't solely be hyperscalers." Both hosts acknowledged a circular investment concern before landing bullish. Bilal made a separate point about AMD that is worth quoting verbatim: these institutions "are not investing in this and shorting AMD.
They're positive on the stock and then positive on the development of it." Even inside the bullish take, Bilal named the math problem. On a $500 billion investment, a 5x or 7x return implies a $2.5 trillion outcome, which he called "scary" without a clear pathway. His stated preferred entry on NVDA is $190.19, a level well below where the stock trades today.
Asked when tech falls apart, his answer was "never," and he suggested tech has "like another 60 years to run" in a worst case. Jensen Huang's most recent conference call reinforced the infrastructure framing. On the May 20, 2026 Q1 FY27 call, Huang said "AI infrastructure spending is on track to reach 3 to 4 trillion annually by the end of this decade" and added that "Compute is revenues.
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