[Musk and Jen-Hsun Huang’s views fight JPMorgan Chase: It is the market consensus that ultra-large-scale AI data center operators are in good condition] On October 27th, SpaceX CEO Musk’s latest warning was that more than 200 new cloud companies will go bankrupt or merge on a large scale. Some companies will survive, but not many. Musk’s warning is almost completely opposite to Nvidia CEO Jensen Huang’s previous views. Last week, Huang Renxun pointed out at the GTC conference that the market demand for new cloud far exceeded expectations. Although he also mentioned that Xinyun Company is in urgent need of financial support and is facing a shortage of funds, he believes that this problem will definitely be solved. Jefferies analysts pointed out that Musk's remarks triggered a new round of panic trading. JPMorgan Chase believes that the artificial intelligence debt market has become more critical of artificial intelligence infrastructure, but is dismissive of the broader financing crisis. The JPMorgan market intelligence team emphasized that the shortage of credit is worrying, but the current consensus is that hyperscale data center operators are in good condition, large operators will continue to dominate, and return on investment for smaller enterprises, including new cloud service providers, will also remain positive.