Key Takeaways
\nNvidia CEO Jensen Huang said on Wednesday that AI demand has grown “substantially” in the last six months.The CEO also said he believes the AI boom is still in its early stages, with further room for growth.<\/p>\n
Demand for artificial intelligence<\/a> is booming and only just getting started, according to Nvidia CEO Jensen Huang.\n<\/p>\n \u201cThis year, particularly the last six months, demand of computing has gone up substantially,\u201d the CEO told CNBC in a televised interview Wednesday, adding that that he believes the AI boom is still in its early stages, leaving room for further growth.\n<\/p>\n Shares of Nvidia (NVDA<\/a>) were up 2% in recent trading, contributing to a rally in the tech sector<\/a>. The chipmaker at the heart of the AI boom has seen its stock climb roughly 40% so far in 2025 as\u00a0sales<\/a>\u00a0of its chips to power data centers surged and\u00a0trade policy headwinds eased<\/a>. Its move this year has helped propel Nvidia into the top spot as the world’s most valuable public company<\/a>, and made its CEO one of the richest people in the world<\/a>.\n<\/p>\n Why This Matters for Investors<\/p>\n As a leading beneficiary of the AI boom, Nvidia has become something of a bellwether<\/a> for the AI trade, with changes in its business and big moves in its stock able to influence broader markets.<\/p>\n Shares of Nvidia partners such as Micron Technology (MU<\/a>) and Super Micro Computer (SMCI<\/a>) also climbed Wednesday, adding to gains earlier in the week on a massive OpenAI deal<\/a> with Advanced Micro Devices (AMD<\/a>), which also collaborates with the companies. AMD’s deal came just weeks after Nvidia announced its own deal with OpenAI<\/a>.\n<\/p>\n OpenAI CEO Sam Altman said in a social media post Monday that the startup views its AMD deal as incremental to the ChatGPT maker’s work with Nvidia, and that “the world needs much more compute.” The move raised speculation more high-profile partnerships could be in the works, affecting a growing number of companies<\/a>, with several Wall Street analysts likening the signal of strong demand for AI to a rising tide that lifts all boats.<\/p>\n Huang said Wednesday that his only regret is not investing more in major AI players like OpenAI and CoreWeave (CRWV<\/a>), an AI data center provider in which Nvidia holds a stake.\n<\/p>\n The CEO also gave a shoutout to Tesla (TSLA<\/a>) CEO Elon Musk<\/a>, saying Nvidia is investing in Musk’s xAI and that \u201calmost everything that Elon is part of, you really want to be part of as well.” Shares of the EV maker, which were up about 1% Wednesday, have been on a tear in recent weeks<\/a>, adding roughly a third of their value since the start of September as bulls have shifted more of their focus<\/a>\u00a0to the company’s developments in autonomous driving, robotics, and AI.<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Nvidia CEO Jensen Huang said on Wednesday that AI demand has grown “substantially” in the last…\n","protected":false},"author":2,"featured_media":199784,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,61],"class_list":["post-199783","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/199783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=199783"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/199783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/199784"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=199783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=199783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=199783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}