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One new clue that Nvidia's Jensen Huang and TSMC are right about AI demand strength [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Are the valuations on new capital raises from OpenAI ( ) and Anthropic ( ) bordering on insane based on strong expectations of future business? It's no different now, despite the broad market being back in rally mode and Big Tech leading the way. Here are a few hints that things are just fine in AI infrastructure land. The latest clue AI demand remains smoking hot: Elevators. Otis ( ) CEO Judy Marks told Yahoo Finance today that the company is seeing very robust demand for its new AI data center-friendly elevator. Said Marks, "It's a very durable elevator that handles a much heavier load ... So in a chip factory, if you need to move precious cargo such as rack servers, you need a more robust elevator. You need it more rugged, which means it's got a heavy-duty frame. It's got extra cushioning." "It's just really a new offering we now have brought across the globe, starting in North America across a wide range of loads, so 6,000 to 20,000 pounds ... So it has to always be avai
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