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Market Chatter: NVIDIA Poised to Take Big Share of Annual Data Center Spending, CEO Says
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Market Chatter: NVIDIA Poised to Take Big Share of Annual Data Center Spending, CEO Says
Mar 19, 2024 10:48 AM

01:21 PM EDT, 03/19/2024 (MT Newswires) -- NVIDIA ( NVDA ) is poised to win a large chunk of the $250 billion in annual data center spending given the variety of hardware and software it has to offer, Bloomberg reported Tuesday, citing Chief Executive Jensen Huang.

The CEO reportedly made the comments at an event held for investors Tuesday.

Nvidia ( NVDA ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 886.64, Change: +2.09, Percent Change: +0.24

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