Nvidia Defies AI Doubts with Record Revenue, Says Boom Just Beginning
Chipmaking titan Nvidia has reported record-breaking revenue of $215 billion, defying mounting concerns about the sustainability of the artificial intelligence boom. The company's latest financial results and strong sales outlook demonstrate that demand for its advanced processors, which power AI systems, continues to surge. This performance comes even as Nvidia itself invests in developing its own AI products. Despite the strong hardware performance, a recent sell-off in software company stocks had stoked fears of an AI bubble, with investors worrying that massive spending on AI infrastructure might not last. In response, Nvidia CEO Jensen Huang directly addressed these concerns, stating that 'the market got it wrong.' He argued that the panic over AI's impact on software firms is overblown, and his comments were seen as spectacular news for AI-focused software companies like Palantir, confirming the AI revolution remains robust. Looking forward, Huang emphatically declared that the AI boom is far from over, predicting it is 'just getting started' and that 'AI is going to be everywhere.' He highlighted the arrival of 'Agentic AI'—software that can act independently—as a major inflection point, which he sees as a prelude to physical AI in robotics. Huang forecasts a full decade of growth ahead, asserting that in specific domains, AI is already demonstrating 'super intelligent' capabilities.
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'The market got it wrong:' Nvidia CEO Jensen Huang sounded off on the AI scare trade after earnings
Nvidia chief executive Jensen Huang recently addressed the software selloff following his company's earnings on Wednesday, revealing why he thinks the panic in response to recent AI news is largely overblown.
Nvidia’s Jensen Huang thinks markets “got it wrong” on software stocks sell-off - Sherwood News
Nvidia CEO Jensen Huang said markets have misjudged AI’s impact on software firms in a CNBC interview on Wednesday, hours after the chip designer reported better-than-expected Q4 results and a strong sales outlook for the current quarter.
Nvidia CEO says artificial intelligence boom is just getting started: 'AI is going to be everywhere'
The full interview with Jensen Huang airs Thursday at 3 p.m. EST. ... Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.
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