Quick Read – NVDA’s Data Center revenue surged 92% to $75B, but $119B in supply commitments hinge on enterprise buyers who can’t yet prove AI ROI. – Uber can’t link token spend to product gains, Microsoft canceled AI licenses over budget overruns, and Meta shut down its internal…
usage leaderboard. – Jensen Huang has a way with grand pronouncements. On NVIDIA’s most recent earnings call, the CEO told investors that “the buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” The numbers behind that statement are real: NVIDIA (NASDAQ:NVDA) just posted $81.61 billion in quarterly revenue, with Data Center alone contributing $75.25 billion, up 92% year over year
The tiny problem? The customers paying for those factories are beginning to ask harder questions about what they’re getting back. The Supply Side Looks Bulletproof Huang’s supply-chain framing remains confident.
Speaking alongside the SK Group chairman this past weekend, he flagged a prolonged chip shortage and detailed deeper cooperation with Korean memory suppliers, per Reuters. NVIDIA’s own balance sheet backs the bullishness: total supply-related commitments have climbed to $119.0 billion, up from $95.2 billion just one quarter earlier. Demand-side commitments are equally ambitious.