Nvidia CEO Hwang In-hoon said in an interview on Thursday that the market demand for new cloud companies is “ridiculously high,” but the shortage of capital is limiting their development. On Thursday, on the sidelines of the GTC conference in Berlin, Huang Renxun said, “From a fundamental point of view, the market demand for new cloud vendors is extremely strong, and their capabilities are also outstanding.” He said, “Currently, the bottleneck is the working capital needed to support growth... Demand for AI is extremely strong at many racetracks, which has led to a tight supply of capital.” “The need for capital far exceeds what is available. But this problem will eventually be solved.”

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.