Market Demand and Growth - The slope of spending on AI compute is continuing to move higher, alleviating concerns about demand [1][2] - The runway for AI compute demand is lengthening, suggesting a multi-year investment cycle [3][4][9] - Sovereign governments are increasing their spending on AI deployments, contributing to NVIDIA's growth [8] - The overall Total Addressable Market (TAM) for AI compute is rising, now estimated in the trillions of dollars [10][11] NVIDIA's Performance and Market Position - NVIDIA's fiscal fourth-quarter outlook is around $65 billion, significantly above consensus [1] - NVIDIA has a $500 billion backlog, with potential for further upside in 2026 [2][3] - NVIDIA owns 90% of the accelerator market, but increased capacity from others may enable them to participate [9][10] - Even if NVIDIA's market share decreases, revenue is expected to continue to grow due to the increasing TAM [12] China Market - The base case assumption is zero revenue from China [5] - There is potential upside if the China situation is resolved, with companies potentially finding ways to work with governments [6] - NVIDIA had a beat and raise without any H20 assumptions in the guidance, indicating strong demand even without China [7]

I feel like Jensen Huang was trying to give the trifecta a positive picture on demand, positive picture on supply, and he even had the opportunity to kind of throw a bit of shade at a six or Google TV use, saying that customers looked at alternatives and they came back to an idea. There was a lot there. What is the most important data point to you.I add. Good to see you. Perhaps.Maybe the most important one was that Johnson wasn't wearing his signature leather jacket, but for the most part, you know, for us ...

There's a pressure on Congress in particular to allow Jensen, Huang and India to have greater access to some of these so-called adversaries. What are you hearing. But what we're hearing is that the White House would like Congress to hold off on legislation that would force India to put American customers first ahead of adversarial nations like China.And, of course, India is proscribed from selling to China right now by US export controls and even by Beijing rejecting those h-20 chips that we've talked about ...

M&A Strategy and Growth - The company has made 28 acquisitions in approximately 75 years, demonstrating its ability to establish a presence in adjacent markets [2] - Strategic and timely M&A has created 30% of the company's opportunity, while 70% comes from organic innovation [11] - The company is willing to spend $30 billion to acquire $5 billion in ARR five years from now [12] Observability and AI - Observability is crucial as AI deployment increases, requiring real-time capabilities and 9999% availability [6][7] - The company acquired Connoisseur to address the observability space, citing its cost-effectiveness (25 times cheaper) and scalability for AI [9][10] - The company views AI as a significant opportunity that will create explosive growth for various technology subsectors, including cybersecurity [26] Platformization and Market Position - The company's platformization strategy aims to consolidate cybersecurity tools, offering a suite of solutions in one place [17] - The company aims to become the largest cybersecurity company globally, with aspirations to double or triple in size [16] - The cybersecurity industry is moving towards platformization, similar to other technology verticals like CRM and ITSM [18][19]

It started as an internet sensation. [music] Now, Spot, the viral robot dog, has become one of law enforcement's most reliable partners [music] in life or death situations. 5 years after its commercial debut, Spot is now working with more than 60 [music] SWAT and bomb squads across the US and Canada, Bloomberg has exclusively learned.You'll also find it on international [music] teams, including Italy's National Police and the Dutch Ministry of Defense. Weighing about 70 lbs, Spot helps police navigate [musi ...

We're excited to announce that we're doing a a 5 hundred megawatt. I mean, yes, 500 megawatt Five hundred megawatt. Yeah, we're doing Sorry this.Yeah. Yeah, yeah. And there's five hundred gigawatt would have to wait so that'll be eight bazillion trillion dollars.So yeah, we're doing a xAI and the Kingdom of Saudi Arabia are doing a main 500 megawatts starting with 50 megawatts phase one and we're doing it with Nvidia. Yeah. Congratulations to the human team to target team.Such a fantastic job. ...

Nvidia deflating the AI bubble fears [music] at least for now with blowout earnings in the third quarter and a forecast of incredible revenue strength in the fourth quarter. 65 billion US is what they forecast and they are projecting in the quarters ahead revenues and sales of more than half [music] a trillion. Valuations though are a key concern still for investors.This is a company trading at more than 40 times its forward earnings. [music] And then analysts as well questioning to what extent the spend on ...

Export Regulations & Compliance - US Commerce Department permits exports of up to 35,000 Blackwell chips each to Saudi Humane and the UAE via G42 [1] - US imposes controls to prevent technology transfer to China through the Middle East [1] - Diversion prevention has been a long-standing element of compliance [2] - Company has rigorously tested data centers globally and found no diversion [2] - Compliance can be achieved through American cloud operation or technology/process measures [3] Risk Management & Mitigation - Concerns about diversion have been repeatedly investigated [2] - Company emphasizes rigorous data center testing to ensure compliance [2]

Jensen, it's been an astonishingly busy day for you in Washington, D. C. , so I'm grateful for your time.You're sold out of Blackwell. That's what you said. But also that $500 billion forecast, which is Blackwell Rubin has room to grow.How do those fit together. I said sales are off the charts for Blackwell. And Nvidia GPUs in the cloud are sold out.We got plenty of black walls to sell you. We have lots of black walls coming. We're making a lot of black wells. And we have a bunch of Vera Rubin is coming.And ...

>> "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." COMING UP, ALL EYES ON NVIDIA. EARNINGS AFTER THE CLOSING BELL.INVESTORS EXPECTING TO LEARN MORE ABOUT WHERE THOSE BILLIONS OF DOLLARS ON A. I. SPENDING ARE GOING.CAROLINE: JENSEN HUANG AND ELON MUSK ARE SPEAKING RIGHT NOW AT THE SAUDI FORUM. ED: BROOKFIELD ASSET MANAGEMENT TARGETS 0 BILLION FOR A GLOBAL A. I.INFRASTRUCTURE PROGRAM IN PARTNERSHIP WITH NVIDIA. CAROLINE: ...