CNBC Today On NVIDIA Stock & China AI Competition - NVDA Update

CNBC Today On NVIDIA Stock & China AI Competition - NVDA Update

Hosts of CNBC discuss NVIDIA, NVIDIA stock (NVDA stock), and growing AI competition from Chinese companies. This is in light of recent restrictions on NVIDIA's H20 sales to China. Additionally, Alphabet reported great earnings yesterday in which they reiterated their CapEx plans of $75 billion in 2025, which is great news for NVIDIA. Additionally, AWS VP of Global Data Centers Kevin Miller recently posted online addressing concerns about Amazon pausing some of its datacenter projects, saying that they are still seeing strong demand for generative AI and that they are engaging in "routine capacity management" with no fundamental changes to Amazon's expansion plans. That is also great news for NVIDIA. (Amazon plans to spend roughly $100 billion on CapEx in 2025). Looking ahead we have multiple NVIDIA events, including multiple keynotes from NVIDIA CEO Jensen Huang in May. In this video we talk about NVIDIA, talk about NVIDIA stock, and give an NVDA update.

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