NVIDIA Corp. (NASDAQ:NVDA) is positioning its expanding AI platform, broad customer base and infrastructure partnerships to capture the next phase of global AI spending.
The Big Tech giant expects accelerating AI infrastructure spending, broader customer adoption and new applications to drive growth. Meanwhile, CEO Jensen Huang sees power and data-center availability as key constraints on expansion.
NVIDIA CEO Calls It A ‘Growth Value Stock’
At the Goldman Sachs Communacopia + Technology Conference on Thursday, Huang reiterated his forecast that AI infrastructure spending could reach $3 trillion to $4 trillion by 2030.
Huang said NVIDIA could grow revenue 70% year over year and remains confident in that outlook. The Goldman Sachs moderator also cited NVIDIA’s earlier guidance that unconstrained demand was growing more than 100%.
