Nvidia’s Jensen Huang Says AI Growth Is Real, Not a Tech Bubble
Photo Credit: @nvidia
Nvidia CEO Jensen Huang has dismissed concerns that the booming growth in artificial intelligence signals an impending tech bubble. Speaking ahead of Nvidia’s third-quarter earnings, Huang addressed fears raised by investors who worry that massive spending on AI data centres may not deliver long-term returns. He said the current surge is “something very different” from a bubble, emphasizing that Nvidia has a uniquely clear view of global GPU demand, as it powers major cloud platforms including Amazon, Microsoft, Google and Oracle, as well as leading AI developers like OpenAI, Anthropic, xAI and Meta.
Huang explained that the AI wave is backed by three strong fundamentals. First, a large portion of today’s computing tasks, from data processing to search and engineering workloads, is shifting from CPUs to GPUs because modern AI workloads demand far more computing power. This shift alone represents a long-term global infrastructure upgrade. Second, he said AI will enable entirely new types of software built around intelligence, requiring sustained increases in computing capacity. Finally, Huang highlighted the rise of “agentic AI,” systems capable of reasoning, planning and completing tasks end-to-end with minimal human guidance. These systems, he noted, will need even more GPU-driven infrastructure.
He reiterated that Nvidia is the only company positioned to meet all these needs, urging investors to focus on long-term fundamentals instead of bubble speculation.
Source: Moneycontrol
