Nvidia sees $3T-$4T in AI infrastructure spend the by the end of the decade

Says continues to be in a dynamic external environment. Says Blackwell platform reached record levels growing sequentially by 17%. Says at the beginning of an industrial revolution that will transform every industry. Says sees $3T-$4T in AI infrastructure spend the by the end of the decade. Says chips of the Rubin platform are in fab. Says Rubin remains on schedule for volume production next year. Says Rubin will be third generation NVLink Rackscale AI supercomputer with a mature and full-scale supply chain. Says government officials have expressed an expectation that the U.S. will receive 15% of the revenue generated from licensed h 20 sales. Says to date, the government has not published a regulation codifying such requirement. Says continues to advocate for the government to approve Blackwell for China. Says European Union plans to invest EUR 20B to establish 20 AI factories across France, Germany, Italy and Spain including five gigafactories to increase its AI compute infrastructure by tenfold. Comments taken from Q2 earnings conference call.