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After Posting 94% Revenue Jump, Nvidia CEO Says Company Has Room to Scale
- Nvidia CEO, Jensen Huang, believes that the future of the company, and AI in general, is promising.
- The company's session outcomes for Q3 exceeded market expectations, and we'll see Nvidia enter new markets in the next few years.
- Huang referred to Nvidia's data centres as 'AI factories,' that are designed to handle the computational demands of AI.
- Nvidia has built Blackwell architecture to meet the needs of the evolving AI landscape. Seven custom chips provide support for various CPU options.
- Despite concerns about the scaling of LLMs, particularly with reference to a potential demand-side slowdown, Huang believes that growth opportunities are still available.
- Huang emphasised the shift from traditional coding to machine learning as a fundamental shift that will support AI workloads.
- Huang cited the emergence of generative AI as a whole new market segment and opportunities in intelligence, digital intelligence, artist intelligence and legal intelligence.
- Other growth in the industrial AI sector was generated from the use of Nvidia's Omniverse platform to improve operating efficiency and automate workflows.
- Collaboration with major cloud service providers such as Dell, Corweave, Oracle, Microsoft, and Google enabled Nvidia to execute and integrate their systems successfully.
- Nvidia is expecting modernization to continue, estimates several more years of growth, and believes the best days are yet to come.
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