Nvidia (NVDA 1.26%) CEO Jensen Huang thinks that data center operators will spend $1 trillion every year on chips and infrastructure by 2028 to meet growing demand for computing capacity from next-generation artificial intelligence (AI) models.
That spending will be an enormous tailwind for Nvidia, which supplies the world’s most powerful data center chips for AI development. But the benefits will also flow through to the company’s competitors, not to mention…
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