In a recent interview with Altimeter Capital, Nvidia CEO Jensen Huang provided insight into the company’s future and the broader technology landscape. He highlighted that Nvidia is poised to capitalize on a significant market opportunity that remains largely untapped. Drawing parallels to the excitement surrounding Cisco during the dot-com era, Huang stated that Nvidia is “reinventing computing” and is focusing on a future driven by advanced machine learning.
Huang also noted that Moore’s Law, which has traditionally guided the tech industry, may no longer be applicable. He anticipates that to accommodate the rising demands of complex software, data centers will need to invest approximately $1 trillion in GPUs over the next four to five years.
Additionally, Huang expressed admiration for Elon Musk, CEO of Tesla and xAI, particularly in light of xAI’s rapid integration of Nvidia devices within its data center—achieving this in just 17 days, a significantly shorter timeframe than typical. Huang remarked, “Building a giant factory using liquid cooling technology and accomplishing it so quickly is remarkable. There is only one person capable of doing this: Elon, who possesses extensive technical knowledge and can mobilize resources for large-scale systems.”
Moreover, a recent report indicated that Nvidia’s latest Blackwell GPUs have sold out for the next 12 months, reflecting strong demand for the company’s offerings. Currently, Nvidia’s stock price is just slightly below its peak of $140.76.