Nvidia, the world’s most valuable company, is set to announce its latest financial results on Wednesday, placing renewed attention on the strength and sustainability of the global artificial intelligence boom.

The semiconductor giant recorded revenue of about $82 billion in its previous quarter, representing an increase of approximately 85% from the corresponding period a year earlier. Revenue is expected to rise again this quarter as demand for Nvidia’s advanced chips and computing systems remains strong.

Under the leadership of founder and Chief Executive Officer Jensen Huang, Nvidia has emerged as one of the biggest beneficiaries of rapidly expanding investment in AI infrastructure. Its graphics processing units have become critical components for technology companies developing and operating increasingly sophisticated AI models.

However, the extraordinary pace of AI investment is also attracting greater scrutiny from investors. According to The Economist, questions are emerging over how long the current spending cycle can continue and whether customers will ultimately generate sufficient returns from the substantial capital being committed to AI infrastructure.

Nvidia’s growing involvement in financing the wider AI ecosystem is also attracting attention. The company has been investing in businesses that purchase or use its technology while participating in arrangements intended to help customers secure financing for major computing projects.

Such initiatives could help expand the market for Nvidia’s technology, but they may also increase its exposure to the financial performance of customers across the AI industry.

Wednesday’s results will therefore be closely watched not only for Nvidia’s revenue and earnings, but also for signals from Huang about demand, investment trends and the longer-term outlook for the global AI industry.