Nvidia Says $1T Is Coming — The Market Isn’t Buying It

Key Takeaways

• •

  Nvidia’s $1T projection meets skepticism - Despite Jensen Huang’s massive forecast for data center spend at GTC, investors are increasingly wary of the long-term ROI and the sustainability of the current AI hardware cycle.

• •

  China’s delicate balancing act with Iran - Beijing is attempting to maintain its energy security and regional influence without being pulled directly into a hot war that could jeopardize its broader trade interests.

• •

  Geopolitical friction as an inflation driver - The escalating conflict in the Middle East is creating supply chain bottlenecks and energy volatility, threatening to keep U.S. inflation stickier for longer.

Episode Description

Ed Elson speaks with Gil Luria about the biggest news out of Nvidia’s GTC conference and checks in on the company’s valuation. Then, he is joined by Alice Han to discuss China’s role in the War with Iran. Finally, Ed gives an update on how the war is impacting inflation in America.  Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on InstagramSend us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices