Nvidia (NVDA) is the clear winner in a lackluster earnings season for Big Tech

The tech giants' results have been largely disappointing this earnings season – but included plenty of good news for Nvidia Corp.

The chipmaker's biggest customers, including Microsoft Corp., Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc., all pledged to invest more in investments in the coming year. According to data compiled by Bloomberg, the four companies invested a combined $59 billion in data center equipment and other capital assets in the third quarter, a quarterly record.