Goldman Sachs TMT Conference Day 3: Jensen Huang Fires Back at "Circular Financing" Doubts — "If You Put in $1 and Get Back $100? Then Bring More"

Nvidia's Jensen Huang declared that 70% revenue growth in fiscal 2027 will be constrained by supply, not demand, and reiterated that the AI infrastructure market will reach $3-4 trillion by 2030. SpaceX is targeting $100 billion in annualized revenue, deploying AI satellites by 2027. Cybersecurity was cited by multiple CEOs as the most undervalued AI sector. Goldman Sachs characterized this AI cycle as an "investment supercycle," but the ultimate test lies in whether massive capital outlays can translate into actual returns.