What do you mean by “if true”? It’s a fact. It’s “only” bad if what they’re investing in goes south, because NVIDIA gets hit twice: it loses money on the investment and loses the GPU demand.
NVIDIA says it has invested nearly $50B in frontier labs. According to NVIDIA, “the AI labs for which NVIDIA expects to leverage its balance sheet should account for roughly one-quarter of NVIDIA’s business next year.”
To be clear, this doesn’t mean 1/4 of $673B is NVIDIA money.
NVIDIA says it has invested nearly $50B in frontier labs. According to NVIDIA, “the AI labs for which NVIDIA expects to leverage its balance sheet should account for roughly one-quarter of NVIDIA’s business next year.”
To be clear, this doesn’t mean 1/4 of $673B is NVIDIA money.