The chip maker plans to ramp up production into next year, quashing doubts raised by a few analysts about how long the artificial intelligence craze could last.
| Nvidia chief executive Jensen Huang says he expects the artificial intelligence boom will last well into next year and has made what could be the largest single bet yet in the tech sector to back up his optimism.
In an interview with Reuters, Mr Huang said two things were driving that demand: a switch from traditional data centres that were built around central processors to ones built around Nvidia’s powerful chips, and the rising use of content generated by AI systems in everything from legal contracts to marketing materials.“These two fundamental trends are what’s behind everything that we’re seeing, and we’re about a quarter into it,” he said.
“We think [Nvidia] will continue to beat the $US16 billion guide for the October quarter as demand continues to outstrip supply,” Mr Chan said, referring to the company’s third-quarter revenue outlook.
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