A quarter of Nvidia’s business next year comes from labs it is financing
Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward roughly a quarter of its business […] The post A quarter of Nvidia’s business next year comes from labs it is...
What happened
Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward roughly a quarter of its business […] The post A quarter of Nvidia’s business next year comes from labs it is...
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- AI NewsPrimary source · Supports · EN · 100%A quarter of Nvidia’s business next year comes from labs it is financing ↗
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- A quarter of Nvidia’s business next year comes from labs it is financing Observed
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