Nvidia has reported impressive revenue growth in its artificial intelligence datacentre sector, with a 93% increase year on year to $35.6 billion. CEO Jensen Huang highlighted robust demand for their new Blackwell AI supercomputers, which he believes will further revolutionize AI capabilities. Despite concerns from analysts about competition from custom chips developed by cloud service providers, Huang focuses on future opportunities in the enterprise sector. He asserts that more complex AI models will require increased computational power, thus expanding Nvidia’s market potential.
Nvidia has maintained its leadership in AI datacentres, showcasing significant revenue growth in its datacentre business and anticipating continued demand from both CSPs and enterprises.
CEO Jensen Huang emphasized the revolutionary potential of upcoming AI models, asserting that increased computational power will enhance model performance and drive future demand.
The demand for Nvidia's Blackwell supercomputers has surpassed expectations, indicating that scaling compute resources for AI is crucial as intelligence and reasoning models evolve.
Analysts raised concerns about CSPs designing custom chips, but Huang believes enterprise growth offers a significant long-term opportunity for Nvidia's GPU sales.
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