Nvidia CEO Jensen Huang Pushes Back On Fears Surrounding Big Tech's $700 Billion CapEx Surge: 'Compute Equals Revenues' In The New AI World

On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang said he remains "confident" that Big Tech's massive AI infrastructure spending will continue. AI CapEx Nears $700 Billion As Investors Question Durability During Nvidia's fourth-quarter earnings call, BofA Securities analyst Vivek Arya asked whether cloud providers can sustain nearly $700 billion in projected AI-driven capital expenditures, especially as cash flow tightens at some companies. Major players, including Amazon.com, Inc. (NASDAQ:AMZN), ...