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The First Trillion Dollar Chip Company

May 26, 2023


“We’re seeing incredible orders to retool the world’s data centres,” Jensen Huang told analysts.

“A trillion dollars of data centre infrastructure will be upgraded to handle so-called accelerated computing, he estimates.

The analysts duly came out with euphoric statements about AI and pushed the stock 27% higher- adding $200 billion to Nvidia’s market cap in one day.

“The computer industry is going through two simultaneous transitions — accelerated computing and generative AI,” said Huang “a trillion dollars of installed global data centre infrastructure will transition from general purpose to accelerated computing as companies race to apply generative AI into every product, service and business process.

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