Nvidia CEO Jensen Huang says the AI boom is definitely not a bubble. He stated this week that AI is a new type of production. This idea counters fears that AI hype will crash.
Nvidia recently became the world’s most valuable company. This shows huge investor faith in AI. Do you think AI will keep growing like this?
Jensen Huang: AI Is Real Production
Jensen Huang sees AI as a basic shift. It helps create things faster and cheaper. He explained this view on Monday. AI is not just about spending money. It is about making new value.
Huang compared AI to how we make electricity. It is a new way to “make computing.” This process creates real, usable intelligence. This intelligence saves companies money. It also helps them invent new services.
He thinks AI is a fundamental change. It will touch every industry. Businesses are building “AI factories” today. These factories turn data into intelligence. Nvidia’s chips power these big operations.
The AI Factory Future and Value
These AI factories are very important. They produce something valuable. This is “intelligence” itself. This new intelligence improves business operations. It boosts efficiency across the board.
Huang believes this production model makes the AI growth sustainable. It is not just a passing trend. The demand for powerful AI systems is high. Companies need these systems to stay competitive.
This creates a strong market for Nvidia’s specialized chips. They are essential for AI development. For more on Nvidia’s recent achievements, check out this Reuters article on its market value.
AI investments are driving real-world changes. Companies are using AI for many tasks. Think about customer service. AI improves it significantly. It also helps design new products faster.
This shift helps companies earn more. It cuts their operating costs. So, the value is clear and tangible. This makes the AI growth feel very solid. It is not just speculation.
The move to AI is a big, long-term plan. It will continue for years. It is not a quick fad. This makes Jensen Huang confident about AI’s future. He sees strong, continued growth ahead.