Squawk on the Street Wall Street Gears Up for Nvidia's Big Earnings Report 5/28/25
May 28, 2025
The hosts dive into Nvidia's anticipated earnings, exploring how AI advancements fuel demand for computational power and the potential job market shifts. They discuss President Trump's plans to take Fannie Mae and Freddie Mac public, weighing impacts on the mortgage market. Rising mortgage rates and the Fed's cautious stance draw attention, alongside Honeywell's strategic shifts and technology's evolving role. Insights on data center construction's influence on GDP round out the conversation, leaving listeners pondering the future of tech and finance.
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Nvidia's Long-Term AI Vision
- Nvidia's future growth hinges on its AI roadmap beyond immediate China export restrictions.
- Jensen Huang's vision includes robots and industrial applications, not just data centers.
AI Demand Skyrockets Chip Use
- AI's recent breakthroughs require hundreds of times more computation than previously thought.
- This surge drives immense chip demand for data centers, reflecting AI's evolving complexity.
Boost Compute for AI Accuracy
- AI systems need more computational power to give definitive answers rather than hedging.
- Increasing compute allows AI to eliminate guesswork and hallucinations in responses.