
Nvidia's Chief Financial Officer (CFO) announced at the UBS Global Technology and AI Conference that the company is considering mergers and acquisitions as a potential use for its substantial cash reserves. The CFO emphasized that Nvidia is not experiencing any slowdown in demand, attributing continued growth to the increasing complexity of AI models and inferencing. He noted that Nvidia remains the largest provider of inferencing services, which is a challenging area to navigate. The comments reflect Nvidia's strategy to leverage its financial strength to enhance its workforce and capabilities through potential acquisitions.
$NVDA CFO: "If you recall, we are the largest inferencing provider that exist today. We do the most inferencing versus any other different types of configuration, why? it's very hard"
Nvidia, flush with cash, looks to acquire new talent through mergers and acquisitions https://t.co/4AAFY7MF9Q https://t.co/XlF1djQqUY
Nvidia mulls mergers, acquisitions to use cash reserves https://t.co/6p81bTDrqz

