Nvidia Expands AI Leadership With Blackwell Ultra and $1 Trillion AI CapEx Forecast

Nvidia (NVDA, Financials) reinforced its position in artificial intelligence at its GTC event, unveiling new AI infrastructure technology and projecting continued capital expenditure growth in the sector.

Wall Street experts hailed the company’s technical developments; Citi’s Atif Malik said that Nvidia’s AI supremacy is “expanding rather than slowing.” Including the debut of the Blackwell Ultra NVL72 and the Vera Rubin NVL144, an artificial intelligence system integrating an…