Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Summary
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025. Its a breathtaking streak driven by the fact that Nvidias data center graphics processing units, or GPUs, are essential hardware for building and deploying artificial intelligence services like OpenAIs ChatGPT. Its trading at the same price as it did last October, and investors are wary of any signs that Nvidias most important customers might be tightening their belts after years of big capital expenditures. After the AI is developed by companies like OpenAI, Google and Anthropic, warehouses full of Nvidia GPUs are required to serve those models to customers. Nvidia CEO Jensen Huang will have an opportunity on Wednesday to explain why AI will continue to need even more GPU capacity even after last years massive build-out.
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