Nvidia(US:NVDA) Ge Long Hui A P P·2026-01-16 03:46Core Viewpoint - Nvidia has corrected a significant error in its technical paper regarding copper demand for data centers, which previously overstated the requirement by a factor of 250, leading to concerns about future copper supply and demand dynamics [1][2]. Group 1: Correction of Data - Nvidia's original claim stated that a one-gigawatt traditional data center would require up to 500,000 tons of copper busbars, which raised alarms about potential copper shortages [1][2]. - The actual requirement for a one-gigawatt data center is approximately 200 tons of copper, equivalent to about 500,000 pounds, indicating a major miscalculation in the original paper [2]. Group 2: Implications for Copper Demand - The correction implies that previous expectations regarding data centers causing severe copper shortages were overly aggressive and need to be significantly revised downward [2]. - Despite the correction, demand for copper from sectors such as renewable energy, artificial intelligence, and construction is expected to continue supporting the copper market's prosperity [2].