Nvidia CEO Jensen Huang: We're building AI factories

, the company posted a 262% rise in revenue. Its Data Center unit specifically saw its revenue soar 427% year over year to $22.6 billion. Why? Nvidia founder and CEO Jensen Huang says its because the company is basically making"AI factories.""These AI factories are essentially what we build.

When it comes to demand for these products, Huang claims it's"so strong," adding"Hopper demand grew throughout this quarter after we announced Blackwell, and so that kind of tells you how much demand there is out there. People want to deploy these data centers right now."You said on the call a couple of times that you'll be supply constrained for both hopper and then Blackwell uh chips.

But then we disaggregate it so that our partners could take it and put it into data centers of any kind.But everybody is a little different.This is just an incredible thing and we do this at very hard, very high volume.And so every, every component, every, every part of our data center is the most complex computer the world's ever made.A high-yield TSX dividend stock is a buying opportunity for long-term investors.

Asian shares were mostly lower Friday after Wall Street retreated following strong economic reports that raised the possibility of interest rates staying painfully high. -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week.

The individual who holds the top spot in the White House come Jan. 20, 2025, will have the power to enact financial policies that could affect America's retired population. While we don't know who...The problem with buying an AI stock with all the hype in the market is that it becomes difficult to differentiate between temporary and long-term prospects. The post This Is the Best AI Stock to Buy Right Now appeared first on The Motley Fool Canada.

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