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Nvidia CEO Jensen Huang Negates AI Bubble Claims
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Nvidia (NVDA.US) CEO Jensen Huang dismissed claims of an AI bubble during an analyst meeting, arguing that the shift towards GPU adoption is driven by the need for AI in areas such as data processing, advertising recommendations, search systems, and engineering. AI will not only integrate into current applications but will also give rise to entirely new applications, he insisted. Besides, Agentic AI will be capable of reasoning and planning, thus requiring more powerful computing capabilities. Huang emphasized that Nvidia is the only company capable of meeting the demands of the above-mentioned three usages. When considering infrastructure investments, these three fundamental factors should be evaluated, as they will drive infrastructure development in the coming years. AASTOCKS Financial News Website: www.aastocks.com |
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