Nvidia CEO says AI boom far from over

Income estimates gently beats predictions, but not enough to surprise the markets

CEO Projects 3-4 trillion dollars AI infrastructure spending

Nvidia’s AI chip demand continues to be strong in the midst of market fatigue

San Francısco rejected the concern about the end of the explosion of expenditure in artificial intelligence chips on Wednesday, Jensen Huang, CEO of the 27 August (Reuters) -NVIDIA CEO, and will turn into a multi-trillion-dollar market in the next five years.

Huang tried to shake investors with the slowdown indicators in the chipset manufacturer at the center of the investment frenzy. NVIDIA predicted the third quarter income meeting analyst estimates in the early hours of the day, but the supreme expectations that send the stock price to about one third this year.

The founder and the CEO’s bull appearance contradicts the interpretations of the latest symptoms of fatigue in AI -oriented stocks and the enthusiasm of overheating investor.

“A new industrial revolution has begun. Artificial intelligence race continues,” Huang said. He continued: “Until the end of a decade, we see 3 trillion to 4 trillion dollars in AI infrastructure expenditures.”

Increasing Chipmaker’s shares are demand expectations from the owners of data center, known as great technology, Hyperscalers and China.

Matt Orton, President of the Consultancy Solutions of Raymond James Investment Management, said, “Mega covers are pushing most of Capex, which Nvidia benefits, but frankly Nvidia is still growing, Ray Raymond James Investment Management Consultancy Solutions President Matt Orton.

“If there is something, this only emphasizes that there is too much endurance for trade … You can continue to accelerate the enterprises of these hyperskalers and you do not see any sign of a slowdown reflected in the results of Nvidia.”

While NVIDIA shares earn a profit of approximately 10% in the wider market, the Stock -oriented stocks have shown symptoms of fatigue. Openai CEO Sam Altman said that this month, when investors told AI “over -excited”, he launched alarm bells this month.

On Wednesday, Huang seemed without a repairman.

“The more you buy, the more you grow,” he said. “Buzz: Everything was sold.”

The situation in question: A customer other than China said that the NVIDIA of 650 million dollars for the Chinese market in the last quarter has purchased the H20 -reduced qualification chip.

Huang, partly, partly based on 600 billion dollars that he expected to spend data central capital from large customers such as Microsoft and Amazon this year.

Huang said that NVIDIA could catch about $ 35 billion for a data center that costs $ 60 billion.

Huang’s words contrasts with the estimation of a third quarter of the third quarter of the $ 54 billion, just ahead of the average analyst estimates of $ 53.14 billion compiled by LSEG.

However, Nvidia and Huang see very few reasons for slowing down the growth of AI chip profit growth, as the second quarter of the net income exceeds the financial third quarter profit of the large technology peers.

The company’s senior Blackwell Cips are largely discussed on the 2026 estimates from its largest customers. Previous generation hopper processors are also caught.

“When you grow up and grow as fast as you have something new and as fast as you have something new, and with all major Capex announcements, evidence that we are in the early stages of AI explosion,” Globalt Investments Portfolio said. (Reporting by Max A. Cherney in San Francisco;