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Nvidia CFO Colette Kress: 'AI Is No Longer a Nice-to-Have'
Jensen Huang says AI spending will stay high as analysts project annual outlays could reach $4 trillion by the end of the decade.
Summary by Fortune
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Why Jensen Huang Is Confident AI Spending From Hyperscalers Is Going to Only Get Bigger in the Future
Key PointsJensen Huang believes hyperscalers need to continue to spend on AI, simply because "compute is profit."Spending on AI could top $4 trillion by the end of the decade, according to Nvidia's own estimates.If that's true, the stock may be incredibly undervalued.10 stocks we like better than Nvidia › Hyperscalers are the big tech giants spending feverishly on artificial intelligence (AI). Their continued investments into AI are what's enabl…
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
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