NVIDIA CEO Jensen Huang Predicts Continued Growth in AI Computing
In a recent interview with CNBC, NVIDIA Corp (NVDA) CEO Jensen Huang shared his insights on the future of AI computing. Huang predicted that the current “AI computing ramp” is just the beginning and is expected to continue for several years, particularly in sectors like healthcare and scientific research.
Huang emphasized the potential of AI in driving innovation across various industries, highlighting its role in accelerating the development of new treatments and reducing the need for extensive lab testing. He also mentioned that NVIDIA’s technology has significantly improved data processing speed and reduced costs for its clients.
“We’re in the beginning of this AI computing ramp,” Huang said. “And we’re in the beginning of the accelerated computing ramp. It’s going to last a few years.”
NVIDIA recently unveiled its new AI graphics chips, Blackwell, at a conference in San Jose, California. These chips are crucial for training and deploying large AI models and are in high demand by major players in the tech industry.
Despite facing some challenges, NVIDIA’s stock has been performing well, leading to a market rally that has pushed the value of AI-themed ETFs traded in the U.S. to $6.88 billion, a significant increase from $2.55 billion a year ago. Investors are still exploring the potential of this emerging category, and NVIDIA’s continued success in the AI sector is likely to drive this trend further.
However, some concerns have been raised about NVIDIA’s future. Huang clarified that NVIDIA is not just a chipmaker but an accelerated computing company, addressing concerns about the company’s future in the face of increasing competition.
Overall, Huang’s comments reflect the growing importance of AI computing in various industries and the significant opportunities it presents for companies like NVIDIA. As the AI computing ramp continues to gain momentum, it will be interesting to see how NVIDIA and other tech companies capitalize on this trend to drive innovation and growth in the coming years.
