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Nvidia CEO Jensen Huang expressed regret for not investing more in leading AI companies like OpenAI, the creator of ChatGPT.
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Nvidia’s CEO, Jensen Huang, noted on Wednesday that the demand for AI has surged significantly in the past six months.
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He believes that the AI boom is just beginning, with ample opportunities for growth ahead.
According to Nvidia CEO Jensen Huang, the interest in artificial intelligence is on the rise and is only at its initial stages.
“This year, particularly during the last six months, the demand for computing has increased remarkably,” Huang shared in an interview with CNBC on Wednesday, adding that he feels the AI boom remains in its infancy, offering further growth potential.
Nvidia’s shares (NVDA) rose 2% in recent trading, contributing to a rally across the tech sector. The company, pivotal in the AI boom, has seen its stock value increase approximately 40% thus far in 2025, driven by a surge in chip sales for data centers and a reduction in trade barriers. This momentum has helped elevate Nvidia to the position of the world’s most valuable public company and has significantly enriched its CEO, now one of the wealthiest individuals globally.
As a front-runner in the AI movement, Nvidia has established itself as a bellwether for AI investments, where its business developments and stock performance can sway wider market trends.
Shares of Nvidia’s partners, including Micron Technology (MU) and Super Micro Computer (SMCI), also experienced increases on Wednesday, following earlier gains throughout the week related to a significant deal with OpenAI in conjunction with Advanced Micro Devices (AMD), which collaborates with these firms. AMD’s agreement followed closely after Nvidia’s own partnership with OpenAI.
OpenAI’s CEO, Sam Altman, indicated in a social media update that the startup regards its collaboration with AMD as complementary to its ongoing efforts with Nvidia, emphasizing that “the world needs significantly more computing power.” This has sparked speculation about the potential for additional prominent partnerships, with impacts on several other companies, as many analysts on Wall Street perceive the increasing demand for AI as akin to a rising tide that elevates all vessels.
Huang expressed that his primary regret lies in not investing more heavily in dominant AI firms like OpenAI and CoreWeave (CRWV), an AI data center provider in which Nvidia has investments.
He also acknowledged Tesla’s (TSLA) CEO, Elon Musk, highlighting that Nvidia is also investing in Musk’s xAI, remarking that “nearly everything Elon is associated with is something that you want to be part of as well.” Tesla’s stock, which saw a 1% increase on Wednesday, has been on a remarkable climb recently, adding around a third of its value since early September as investor attention has shifted more towards the company’s advancements in autonomous technology, robotics, and AI.
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