Nvidia, DeepSeek, Technology, Artificial intelligence (AI) Business | The Guardian
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessaryNvidia will deliver its earnings report for the fourth quarter of 2024 Wednesday evening, which investors will be watching closely for any signs of slowing demand for semiconductor chips. The chipmaker’s financials will face scrutiny over possible signals of an end to the AI-fueled market boom that has propelled the company to a stratospheric valuation of $3.1tn.Analysts expect Nvidia to maintain its leadership position as the maker of the AI industry’s favorite chips, but recent news has presented new potential challenges to the company’s ownership of the market. For one, analysts at TD Cowen published findings earlier in the week that Microsoft, one of Nvidia’s biggest customers, was cancelling leases with private data center operators. Investors expressed concerns about the sustainability of mass investment into AI infrastructure, including Microsoft’s $80bn, which would mean less spending on Nvidia’s wares. Continue reading…
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary
Nvidia will deliver its earnings report for the fourth quarter of 2024 Wednesday evening, which investors will be watching closely for any signs of slowing demand for semiconductor chips. The chipmaker’s financials will face scrutiny over possible signals of an end to the AI-fueled market boom that has propelled the company to a stratospheric valuation of $3.1tn.
Analysts expect Nvidia to maintain its leadership position as the maker of the AI industry’s favorite chips, but recent news has presented new potential challenges to the company’s ownership of the market. For one, analysts at TD Cowen published findings earlier in the week that Microsoft, one of Nvidia’s biggest customers, was cancelling leases with private data center operators. Investors expressed concerns about the sustainability of mass investment into AI infrastructure, including Microsoft’s $80bn, which would mean less spending on Nvidia’s wares.
