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Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both “appropriate” and “necessary” as the industry undergoes what he described as a once-in-a-generation transformation. Speaking on CNBC, Huang said the global AI buildout still has “seven to eight years to go,” underscoring his belief that artificial intelligence will fundamentally reshape how computing is done across industries.
Huang’s comments energized investors, sending Nvidia stock soaring 7.9% on Friday, marking its strongest single-day gain since April 2025. The rally reflects growing confidence that Nvidia remains at the center of the AI hardware ecosystem as demand for advanced GPUs continues to outpace supply.
According to Huang, demand for Nvidia’s AI chips is “sky high,” with market dynamics showing just how tight supply has become. He highlighted that GPUs sold as far back as six years ago are now rising in price, a rare phenomenon in the semiconductor industry that signals sustained and growing interest in AI computing power. This trend reinforces Nvidia’s dominant position in the AI chip market.
Huang also addressed the economics of leading AI companies, noting that firms such as OpenAI and Anthropic are already generating revenue but remain “computer constrained.” In his view, their growth is limited not by demand, but by access to sufficient computing resources. He dismissed speculation about internal issues, saying there is “no drama with OpenAI,” while emphasizing that these companies need Nvidia’s latest generation of chips to scale effectively.
On the topic of global competition, Huang acknowledged China as a formidable rival but argued that abandoning the Chinese market would undermine any company’s ability to compete worldwide. He also praised Meta, stating that “no one uses AI better than Meta,” highlighting how effectively the social media giant has integrated AI into its operations.
Ultimately, Huang said his biggest concern is not competition, but ensuring that AI delivers real, effective outcomes. As Nvidia continues to lead the AI infrastructure buildout, investors appear increasingly convinced that the company’s growth story is far from over.
