Nvidia Says Its Cloud Customers Are Sitting on a $2 Trillion Backlog -- Here's What Nvidia's Cut Is Worth by 2028 - Yahoo Finance

NVIDIA delivered exceptional results in its fiscal second quarter, with revenue rising 106% year-over-year to $96.2 billion, and data center revenue surging 117% to $89 billion. During the earnings ca... Read original →

NVIDIA's massive backlog reflects an explosive surge in demand for AI chips, directly intensifying pressure on foundries like TSMC to scale 3nm and below processes, especially amid EUV technology constraints. From a geopolitical standpoint, increasing regulatory scrutiny is compelling hyperscalers to restructure capital expenditure strategies, favoring regional sourcing to mitigate supply chain risks. Competitors such as AMD and Intel are accelerating their data center chip strategies to capture market share from NVIDIA’s dominance. Over the next 12–24 months, sustained investment from major cloud providers will drive semiconductor capex to new highs. While NVIDIA’s market leadership is likely to strengthen, its elevated valuation exposes it to macroeconomic headwinds, including potential liquidity tightening.