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Nvidia boosts AI optimism
Huang said that Nvidia has "never forecasted" a year in advance, but that the company has "a lot greater visibility now" across the supply chain to do so. Nvidia's forecast comes at a time when investors remain nervous about capital expenditures from large tech companies, the circular nature of financing deals and the return from AI investments. The tech giant's commentary around artificial intelligence demand appeared to calm down some of those fears. Huang said AI "reached its inflection point," noting that the number of companies that need large clusters of graphics processing units has expanded dramatically. "This time last year, one lab alone was driving the build-out," Huang said. "Today, we have a golden age of new AI labs and startups, multiple frontier labs scaling in parallel, a thriving open-model ecosystem and physical AI coming online — with strong momentum across the U.S. and around the world."
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