Nvidia forecasts annual data center capital expenditure of $4 trillion by 2030
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View chart & analysis → - 1Nvidia CEO Jensen Huang told investors that he expects Nvidia's annual data center capital expenditure to reach $4 trillion by 2030.
- 2Cloud computing giants are recording an order backlog of over $500 billion.
- 3Nvidia announced guidance for a 70% revenue growth rate for fiscal year 2028.
So what's the key point?
Nvidia is expected to spend $4 trillion every year on data centers by 2030. Cloud companies have order backlogs exceeding $500 billion, and revenue growth guidance has also been released.
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