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Demand for neoclouds soars but capital shortage limits growth, says Nvidia CEO Jensen Huang

Market News
22 Oct 2026
CNBC
View Source
Bullish
Demand for neoclouds soars but capital shortage limits growth, says Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang revealed that demand for neocloud companies is extremely high, describing it as "off the charts." However, he noted that growth is being held back by a lack of available capital to support this expansion. Huang emphasized that the demand for investment far exceeds the current supply, but he is optimistic this issue will be resolved. Nvidia is actively investing nearly $10 billion in Europe's AI sector, including over $1 billion in UK startups, aiming to stimulate the AI economy leveraging Europe's strong technology and industrial expertise.

Nvidia shares are trading at USD 216.99 on Pluang, down 2.20% in the last day, showing some investor caution despite the CEO's optimistic outlook on neocloud demand. The stock's market cap stands at $5.23 trillion, with a typical hold time of 116 days among Pluang users. These figures are current as of Oct 22, 2026, 17:11 WIB.

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