Investing.com — Shares of NVIDIA Corporation (NASDAQ:NVDA) saw a 1% increase in after-hours trading on Wednesday following CEO Jensen Huang’s announcement that demand for its Blackwell product is “insane.”
During an appearance on CNBC’s Closing Bell Overtime, Huang expressed his excitement about the overwhelming demand for Blackwell, stating, “Blackwell is in full production, Blackwell is as planned, and demand for Blackwell is insane. Everyone wants the most, and everyone wants to be first.”
Huang appeared on CNBC alongside Julie Sweet, the CEO of Accenture (NYSE:ACN), to discuss the expansion of their partnership. This includes the creation of a new NVIDIA Business Group by Accenture to assist enterprises worldwide in rapidly adopting AI technology.
In a statement regarding the partnership, Sweet highlighted the innovative nature of their collaboration, saying, “We are breaking significant new ground with our partnership with NVIDIA and enabling our clients to be at the forefront of using generative AI as a catalyst for reinvention. Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise to help drive continuous change and create value.”
Huang echoed Sweet’s sentiments, emphasizing the transformative power of AI in driving innovation and growth for businesses. He stated, “AI will supercharge enterprises to scale innovation at greater speed. NVIDIA’s platform, Accenture’s AI Refinery, and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.”
NVIDIA’s stock experienced a 1.6% increase during Wednesday’s trading session, bringing its year-to-date gains to 136%.
In related news, NVIDIA’s Blackwell product continues to generate buzz and interest among investors and industry experts. The partnership between NVIDIA and Accenture is poised to revolutionize the way enterprises leverage AI technology to drive growth and innovation.
For more information on NVIDIA’s Blackwell product and the latest developments in the semiconductor industry, visit Investing.com for insightful articles and updates on the market trends.
