Nvidia CEO Cites $100 Billion in Contracted AI Compute Offtake

Nvidia CEO Jensen Huang cited $100 billion in contracted AI-computing offtake while defending the company’s role in financing AI infrastructure. He described the figure as total contract value, rather than the cost of building a single AI factory. At the Goldman Sachs Communacopia + Technology Conference on Sept. 10, Huang addressed whether Nvidia’s financing support for AI labs and “neoclouds” could make demand for its systems circular. The session was scheduled for 11:50 a.m. ET (15:50 UTC). Huang said Nvidia provides only a small portion of some customers’ financing and can see their pipeline for computing demand. “That offtake is $100 billion. It’s total contracted value,” Huang said.

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