Nvidia, the world’s most valuable company with a market capitalization of $ 4.39 trillion at the time of writing, Defeat the expectations of sales For his tax second quarter, reporting the turnover of $ 46.74 billion reported on Wednesday after the market.
Nvidia posted The turnover of Datacenter increased by 56% compared to a year earlier and reached $ 41.1 billion.
The old CEO of the company, Jensen Huang, said FOX Business Networks The Claman Countdown On Thursday, that AI, that Nvidia is progressing, would ensure that “some jobs” disappear, but lead to new jobs being “invented”.
Related: NVIDIA APple and Microsoft occurs to become the world’s first $ 4 trillion Public Company
“One thing for sure, every task will be changed as a result of AI,” said Huang.
Nvidia CEO Jensen Huang. Photo by Wan Quan/VCG via Getty images
Huang also told Fox Business that he expects the economy to “do very well” in the future because of AI and automation, and stated that the quality of life for humanity would improve.
Huang’s comments contribute to what he said last month on an episode of The All-In Podcast. On the podcast, Huang stated that “one thing we know for sure” is that people who use AI will replace those who do not. He predicted that AI use will lead to more millionaires in the next five years than the internet produced in two decades.
Related: How Nvidia CEO Jensen Huang transformed a graphic card company into an AI giant: ‘One of the most remarkable business pivots in history’
Huang also called AI the “Greatest Technology Equalizer of All Time” because it enables everyone to easily use English prompts (a practice known as “vibe coding”, which even blown Google CEO Sundar Pichai).
“In my case, AI is creating jobs,” Huang said on the podcast, adding that the technology enables people to “create things that other people would like to buy.”
AI enables creative people to act according to their ideas by offering technical services. In turn, technical people enables it to use it for creative efforts, said Huang.
Nvidia held 92% of the market share For AI chips in the first quarter of the year. The Chips Power Chatgpt, an AI chatbot with more than 700 million weekly users from this month, compared to 500 million users in March.
Related: Jensen Huang, CEO of Nvidia, says that he has created ‘more billionaires’ than anyone else – add two more this week
Nvidia’s stock was more than 30% more Year-to-date at the time of writing.
Nvidia, the world’s most valuable company with a market capitalization of $ 4.39 trillion at the time of writing, Defeat the expectations of sales For his tax second quarter, reporting the turnover of $ 46.74 billion reported on Wednesday after the market.
Nvidia posted The turnover of Datacenter increased by 56% compared to a year earlier and reached $ 41.1 billion.
The old CEO of the company, Jensen Huang, said FOX Business Networks The Claman Countdown On Thursday, that AI, that Nvidia is progressing, would ensure that “some jobs” disappear, but lead to new jobs being “invented”.
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