AI infrastructure investment is driving Nvidia's increased guidance and backlog

Youtube

·

Original Report

↗ Youtube

The collective raising of over $160 billion by Google and SpaceX for AI infrastructure, including a 100-year bond offering reminiscent of the dot-com bubble, is directly responsible for Nvidia's significantly increased guidance (70% for current period, 48% to 70% for next year) and a 100% increase in its backlog, indicating a substantial capital influx into hardware companies.