News
Nvidia Posts Another Record Quarter as AI Capex Spending Goes Exponential
Nvidia has reported yet another record-breaking quarter driven by insatiable demand for AI chips, with CEO Jensen Huang declaring that 'the demand for tokens in the world has gone completely exponential.' The results come as hyperscaler capital expenditure on AI infrastructure continues to shatter expectations.
Key Takeaways
- Nvidia posted another record quarter driven by surging AI chip demand
- CEO Jensen Huang says global token demand has gone 'completely exponential'
- Hyperscalers have committed hundreds of billions in AI infrastructure spending
- Inference workloads are becoming a larger share of GPU demand beyond model training
- Competition from AMD and custom cloud silicon is intensifying but Nvidia maintains lead
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DT Editorial AI··via techcrunch.com