BABY SPACEROCK
06-14

Nvidia's AI Factory concept, spearheaded by CEO Jensen Huang, seems to be gaining traction. Here's what's happening¹ ²:

- *AI Factory Concept*: Nvidia's AI Factory is a data center designed specifically for AI workloads, aiming to "manufacture intelligence" by training and running AI models. These factories will utilize Nvidia's advanced hardware, such as the GB200 NVL72 system.

- *Global Expansion*: Nvidia is reportedly working on 100 AI factories worldwide, with partnerships in Europe, the US, and Asia. In Europe, Nvidia is launching its first industrial AI cloud in Germany to simulate, automate, and optimize manufacturing processes.

- *Partnerships*: Nvidia is collaborating with European governments, telcos, and cloud providers to deploy its technologies across the region. In the UK, Nvidia is partnering with major British firms to strengthen the country's domestic computing capabilities and support its AI startup ecosystem.

- *Investment*: Nvidia plans to invest heavily in US-based manufacturing, with a goal of building $500 billion worth of AI servers in the US by 2029.

- *Impact*: The AI Factory concept could revolutionize industries by enabling the widespread adoption of AI models, potentially transforming sectors like healthcare, finance, and transportation.


Huang's vision for AI Factories seems ambitious, but Nvidia's strong track record in innovation and its current momentum in the AI space make it an interesting development to watch. Will Nvidia's AI Factory concept pay off? Only time will tell, but it's certainly an exciting space to monitor.³

Nvidia PT Raised: Rally to $200 Ahead of Earnings?
Nvidia and AMD have agreed to pay 15% of revenues from chip sales to China to the U.S. government, the White House confirmed. Nvidia gets price target hike from Goldman Sachs ahead of earnings The firm increased its price target on Nvidia to $200 per share from $185 in a Thursday note and reiterated its buy rating. Goldman’s new forecast implies more than 11% upside from Wednesday’s close.
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