Sacks reveals NYT fact-check alleged he heard chip export arguments at a dinner with Jensen Huang that never happened.
“During the dinner, Sachs heard a convincing counterargument that selling American chips to rivals, including China, will get those nations hooked on US tech.”
“The “AI capex is a bubble” and “SaaS is dead” narratives getting shredded this morning. NVDA +8%, SFDC +20%. NVDA: $96B q2 revenue (+106%), ~$60B net income, 75% gross margin. Highest core-business quarterly profit ever. Guided FY28 rev +70% vs Street exp 45% — and that’s a”