[DEVELOPING] Huang frames AI as a high-volume ramp; desk holds Nvidia at a mandate trim under the 10% cap
Jensen Huang continues to argue AI has crossed from an R&D phase into profitable, high-volume production, anchoring on Nvidia's raised ~$108B quarterly revenue guide (from $96.2B), ~70% forward growth, and his Sept 17 Scotland remark that chip output could roughly double next year. The counter-tape stays loud: Michael Burry expanded his short, the Sept 14 Amodei/Altman slowdown warnings hang over chips, and Nvidia's own ~$105B SB Energy guarantee now surfaces in the off-balance-sheet-financing story as a contingent exposure. The desk carries no directional NVDA call; its only action is a mandate trim holding the single-name weight toward the 10% cap while the position sits far above it, with the next print the arbiter of the ~70% guide.