Nvidia, Huang
Digest more
13hon MSN
Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals
Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an AI bubble, even as it continues to post blockbuster results, according to audio of an internal all-hands meeting reviewed by Business Insider.
"There is no question that Nvidia will make a bunch of money," Gary Marcus, a professor emeritus of psychology and neuroscience at New York University, who specializes in AI, told ABC News. "There are many questions about where the market is headed after this initial burst of enthusiasm."
CEO Jensen Huang pushed back on growing concerns that the world is heading toward an AI bubble, arguing that today's massive investments are rooted in a historic shift in how computing itself works. Huang Breaks Down Why AI Demand Isn't Hype Speaking at the U.
Nvidia CEO Jensen Huang calls Q4 guidance 'crazy good' as chipmaker rides AI boom wave. Stock jumps 5% after beating earnings expectations in third quarter.
Nvidia CEO Jensen Huang offered a technical explanation for why he does not believe artificial intelligence is a "bubble" and demand for advanced hardware is real, durable, and justified -- not speculative.
Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia.