Nvidia CEO Says Both Open and Closed AI Models Will Drive Sales

Earnings Impact 4
โดย Yahoo Finance·US·Read original
Summary · why it matters

Nvidia Corp CEO Jensen Huang said the company is benefiting from the rapid rise of both open and closed AI models, arguing that the success of either approach ultimately drives demand for Nvidia's computing infrastructure. During Nvidia's second-quarter earnings call, UBS analyst Timothy Arcuri asked whether the growing popularity of open models could eventually hurt Nvidia by reducing demand for major frontier AI companies and their massive computing needs. Huang pushed back, saying "the world will need both closed models and open models" and that both are seeing explosive adoption. He noted that nearly all open models run on Nvidia, thanks to its broad hardware footprint and CUDA software ecosystem, and that Nvidia supports AI models across PCs, workstations, data centers, robots, and edge devices. Huang argued that open models reaching frontier-level capabilities help startups, enterprises, and governments build their own specialized AI systems, creating another source of demand. "We're delighted by any model succeeding," he said, adding that both closed and open models will succeed and simultaneously drive sales. Nvidia reported $96.22 billion in second-quarter revenue, up 106% year over year and above the Street consensus estimate of $92.18 billion. For the third quarter, the chipmaker expects revenue of $105.84 billion to $110.16 billion, representing year-over-year growth of 85.7% to 93.2% from the $57.01 billion it reported in the year-ago quarter.

Impact on stocks 1

Artificial Intelligence▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

CEO states both open and closed AI models drive demand for Nvidia's computing infrastructure, with strong Q2 revenue beat and Q3 guidance.

Theme Impact 2

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