Nvidia CEO Predicts AI Capital Expenditures Could Reach $4 Trillion Annually by End of Decade

During Nvidia's earnings call, CEO Jensen Huang projected that annual AI capital expenditures could reach between $3 to $4 trillion by the end of this decade. This estimate significantly exceeds current Wall Street forecasts, which predict hyperscaler capex hitting around $1.03 trillion in 2028.

By Tobias Burns · CNBC ·

Nvidia CEO Predicts AI Capital Expenditures Could Reach $4 Trillion Annually by End of Decade

Tickers: $AMZN $NVDA

Topics: AI capital expenditures hyperscalers Nvidia guidance

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