Nvidia CEO Jensen Huang addressed investor concerns regarding potential slowdowns in China by providing a positive sales forecast, projecting $45 billion in revenue for the upcoming quarter. Despite facing $8 billion loss in Chinese revenue due to export restrictions, the company met analyst estimates. The insights showcase Nvidia's lead in AI accelerators, as it ramps up production of its Blackwell semiconductor design, emphasizing the shift towards comprehensive AI infrastructure essential for global economy transformation.
Nvidia's forecast, despite export restrictions impacting $8 billion in Chinese revenue, reassured investors about the resilient demand in the AI computing space.
Huang emphasized that AI infrastructure will not only change the tech sector but is pivotal for every economy's future, signifying a new industrial revolution.
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