Wall Street Breakfast Nvidia invests big in xAI
Oct 8, 2025
NVIDIA's CEO wishes he had invested even more in xAI while expressing regrets about CoreWeave. Analysts offer mixed reactions to Tesla's price cuts and speculate on future growth. FedEx faces a downgrade from JP Morgan due to overestimated guidance. Meanwhile, Dell rallies with positive AI server outlooks, and Poet Technologies hits a three-year high. The traffic for Gemini's image tools surges, significantly outpacing ChatGPT, while JPMorgan names top consumer sector shorts to keep an eye on.
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NVIDIA's Strategic AI Bets
- NVIDIA invested in xAI and Jensen Huang wished he had invested more in the company.
- Huang also regretted not putting more money into CoreWeave, signaling active bets on AI infrastructure.
Huge GPU Demand From Data Center Expansion
- NVIDIA plans to invest up to $100 billion in OpenAI as it scales data center capacity.
- Huang quantified GPU demand saying every gigawatt roughly equals 4 to 5 million NVIDIA GPUs.
Mixed Views On Tesla Price Cuts
- Tesla cut Model Y and Model 3 prices significantly, which some analysts say makes aggressive delivery growth targets more achievable.
- Other analysts argue the cuts are a pricing lever that may not unlock large new demand.