Thursday, 28 August, 2025
AI Boom Far from Over as Infrastructure Spend Could Hit $3–4 Trillion
Nvidia CEO Jensen Huang dismissed concerns of an AI slowdown, projecting an immense surge in spending on AI infrastructure—between $3 trillion and $4 trillion by 2030. Despite a modest third-quarter forecast aligning with analyst expectations, Huang emphasized the early stages of what he calls a new industrial revolution. Strong demand for Nvidia's high-end Blackwell and Hopper chips continues, supported by hyperscalers like Microsoft & Amazon, underscoring the long-term momentum in AI adoption.
Read full story at Economic Times