Reported 2 days ago
Nvidia CEO Jensen Huang addressed investor concerns during his keynote speech at the GTC 2025 conference, dismissing fears that lower costs in AI model training would reduce demand for Nvidia's GPUs. He emphasized that the demand for computational power is set to increase significantly, predicting that the need for AI infrastructure will far exceed previous estimates. Huang also announced the upcoming launch of the Rubin GPU, boasting 3.3 times the power of its predecessor. Analysts view Nvidia stock as undervalued, projecting a 52% upside based on current prices.
Source: YAHOO