Nvidia (NVDA.US) rises 1.4%, trading at $187.4

On the news front, Nvidia CEO Jensen Huang made a rare personal long-form blog post titled "AI is a five layer cake," in which he vividly likened the AI industry architecture to a "five-layer cake": energy → chips → infrastructure → models → applications. Huang wrote: "We are just beginning this construction. We have already invested tens of billions of dollars. There are still trillions of dollars of infrastructure to be built." In addition, Nvidia has reached a strategic cooperation with NEBIUS to jointly develop and deploy a new generation of hyperscale cloud services for the AI market. Nvidia will invest $2 billion in NEBIUS to support its goal of deploying over 5 GW of computing power by the end of 2030. (Gelonghui)