Reported 1 day ago
Analyst James Van Geelen explains in a recent Bloomberg podcast that NVIDIA's investments in its customers are crucial for progressing towards Artificial General Intelligence (AGI). With a significant portion of its revenue reliant on major clients, NVIDIA aims to ensure continued spending and market stability, as even slight downturns in capital expenditure could negatively impact its stock price. The current surge in AI-related infrastructure spending positions NVIDIA as the primary beneficiary, but there are concerns about potential overcapacity as companies evaluate their ROI.
Source: YAHOO