Nvidia transforms cash flow into an AI growth engine

Nvidia is turning its huge cash flow into another engine of artificial intelligence growth. In fiscal year 2023 (as of February 2023), Nvidia recorded only $3.8 billion in free cash flows, but Nvidia's profits and cash flows increased significantly as its graphic processing units became the required chip for the construction of an artificial intelligence infrastructure. Nvidia has committed at least $6.5 billion to companies that develop photon technology, including $2 billion each for Lumintum, Cohen Corporation and Marvell Technology, and $500 million for Corning. In addition, Nvidia plans to invest up to $3 billion in a private company, Lancium, an energy/data centre infrastructure company supported by black stones, which is expected to be listed next year. Nvidia ' s current market value has reached $5.4 trillion, making it the world ' s largest listed company. The analyst expects that Nvidia will again exceed expectations in the financial statements published on 26 August, with a projected return of $2.01 per share, an increase of 103.03 per cent over the same period。