NVIDIA Corp. The Big Tech giant expects accelerating AI infrastructure spending, broader customer adoption and new applications to drive growth.
Huang said NVIDIA could grow revenue 70% year over year and remains confident in that outlook. Huang said Grace Blackwell NVLink 72-rack systems recorded 27% month-over-month growth.
System pricing has also climbed across generations. During the conference, he called NVIDIA the “world’s first and only growth value stock,” arguing that the company combines rapid growth with expanding exposure to AI infrastructure spending.
See More: Top Value Stocks Broad Customer Base Supports GrowthHuang said NVIDIA’s platform runs models from major developers, including OpenAI, Alphabet Inc. (NASDAQ:GOOGL) unit Google’s Gemini, Meta Platforms Inc.
(NASDAQ:META), Anthropic and xAI. OEM partners include Dell Technologies Inc.
(NYSE:DELL), Super Micro Computer Inc. (NASDAQ:SMCI), Lenovo, HP Inc.
(NYSE:HPQ) and Cisco Systems Inc. (NASDAQ:CSCO).
Neocloud partners include CoreWeave Inc. V.
(NASDAQ:NBIS), Lambda and Firmus. NVIDIA has a major partnership with CrowdStrike Holdings Inc.
(NASDAQ:CRWD) around AI-powered cybersecurity. Huang also discussed partnerships involving Cisco and Palantir Technologies Inc.
Huang cited NVIDIA’s partnerships with Mercedes and Uber Technologies Inc. com Inc.
The company is also working with Nokia Corp. (NYSE:NOK) on AI-RAN and 6G technology.
Power And Data Centers Remain ConstraintsHuang said NVIDIA continues to face upstream supply challenges, including packaging, memory, connectors, voltage regulators and wafers. Land, electricity and ready-to-use data-center capacity remain major downstream bottlenecks.
Huang pointed to Australia as an example.
