Nvidia Seen Beating Quantum Rivals as $800 Billion AI Capex Fuels September Case
Updated
Updated · The Motley Fool · Sep 11
Nvidia Seen Beating Quantum Rivals as $800 Billion AI Capex Fuels September Case
3 articles · Updated · The Motley Fool · Sep 11
Summary
$800 billion in hyperscaler capital spending this year underpins the bullish case for Nvidia, whose AI infrastructure business offers a near-term catalyst that pure quantum stocks lack.
Nvidia also projected about 70% revenue growth next fiscal year and committed $279 billion in long-term supply agreements, with high-bandwidth memory still the main constraint on meeting demand.
Its quantum angle rests on supplying the classical hardware, networking and software that link quantum systems to supercomputers, giving it exposure even when labs use processors from IonQ or Rigetti.
IonQ posted $80 million in second-quarter revenue and Rigetti $5.1 million, but both still run sizable operating losses, leaving their shares more dependent on headlines and grants than durable fundamentals.