• Uncategorized
• AUTHOR: codevision AI engine
• Wired AI

Nvidia CEO Jensen Huang dismissed concerns about an AI bubble during a recent earnings call, arguing that the company’s chips are essential for powering the global AI revolution. Despite record sales and a strong financial outlook, investor skepticism persists as shares fell after hitting an all-time high. Huang emphasized that demand across industries—from cloud computing to robotics—will sustain Nvidia’s growth, though Wall Street remains unconvinced. The company’s data center business now accounts for 90% of revenue, up from gaming-focused sales in previous years. Concerns about supply chain constraints and rising energy costs threaten future growth, despite Nvidia’s $500 billion in unfilled orders.

Key facts

• Nvidia CEO Jensen Huang argued that AI is not a bubble but a transformative force driving global demand for the company’s chips.
• The company reported $57 billion in quarterly sales and expects $65 billion in revenue for the current quarter, exceeding analyst forecasts.
• Nvidia’s data center business now generates 90% of its revenue, up from gaming-focused sales in previous years.
• The company has formed strategic partnerships with major AI firms like OpenAI, CoreWeave, and xAI to secure long-term chip access.
• Investors remain cautious about Nvidia’s growth sustainability due to supply chain risks and rising energy costs in data centers.

See article on Wired AI

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