Nvidia CEO Huang anticipates that the increased use of AI-generated videos will lead to higher demand for the company's chips.

Reported 5 months ago

Nvidia's CEO Jensen Huang anticipates a surge in demand for the company's graphics processors due to the rise of generative artificial intelligence technologies, particularly in video creation and human-like voice interactions. The need for more computing power to support advanced AI models has led to increased orders for Nvidia's chips, such as the Grace Hopper series. Companies like Tesla are utilizing thousands of Nvidia chips for AI training in autonomous driving systems. This demand growth has significantly boosted Nvidia's revenue and stock performance, with expectations for continued expansion in various industries beyond content production.

Source: YAHOO

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