Jensen Huang doubts an AI bubble
Digest more
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's record $57 bn quarter revenue jumped 62% year-over-year, yet the stock still fell. CEO Jensen Huang explained this "no-win trap" by stating a great quarter fuels the AI bubble fears, which investors now "did not appreciate.
Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia.