Jensen Huang doesn’t “believe we are in the AI bubble” — as NVIDIA briefly became the world’s first $5 trillion company, with $500 billion in AI chip orders in the pipeline

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Major tech corporations are scrambling to embrace generative AI, even as critics warn it may be a fleeting trend. Speculations suggest that investor enthusiasm may be waning, potentially forcing them to redirect their capital toward more promising opportunities.

However, NVIDIA is seemingly making the most out of the AI bubble, as it briefly became the world’s first company to hit $5 trillion in market valuation. The chipmaker’s success can be primarily attributed to the rise in demand for AI chips to…



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Jensen Huang doesn’t “believe we are in the AI bubble” — as NVIDIA briefly became the world’s first $5 trillion company, with $500 billion in AI chip orders in the pipeline


Major tech corporations are scrambling to embrace generative AI, even as critics warn it may be a fleeting trend. Speculations suggest that investor enthusiasm may be waning, potentially forcing them to redirect their capital toward more promising opportunities.

However, NVIDIA is seemingly making the most out of the AI bubble, as it briefly became the world’s first company to hit $5 trillion in market valuation. The chipmaker’s success can be primarily attributed to the rise in demand for AI chips to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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