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Nvidia's CEO calls AI 'great equalizer' and it's already creating billionaires — time to hop on the trend?
Yahoo Finance· 2025-09-19 10:30
Core Viewpoint - Nvidia CEO Jensen Huang describes artificial intelligence (AI) as the "greatest technology equalizer of all time," emphasizing its transformative impact on the industry and job creation [1][4]. Group 1: AI's Impact on Employment and Business - Nvidia's chip designers are fully utilizing AI, leading to increased productivity and the ability to pursue innovative ideas [2]. - Huang asserts that AI is creating jobs and driving growth, as it enables the development of products that customers desire [3][6]. - While some jobs may become obsolete, the overall job market will benefit from AI adoption, with a clear warning that companies not using AI risk losing talent to those that do [6]. Group 2: AI's Role in Business Operations - Huang proposes a two-factory model for success in the AI era, consisting of a machine factory for physical goods and an AI factory for developing and managing AI [5]. - Nvidia anticipates producing $500 billion worth of AI supercomputers over the next four years, which could significantly boost the industry [5]. Group 3: Challenges in AI Adoption - A recent MIT study indicates that U.S. businesses have invested $35 to $40 billion in internal AI projects, but 95% have not seen a return or measurable impact on profits [7]. - The study highlights that AI is most effective in back-office tasks with high ROI, yet many companies are misallocating funds to sales and marketing, which require more human involvement [8].
AI Growth vs. High Expectations: Where Do NVIDIA ETFs Stand?
ZACKS· 2025-08-29 18:21
NVIDIA (NVDA) posted decent results, reporting second-quarter revenue of $46.74 billion, a 56% year-over-year surge, and earnings per share of $1.05, above Zacks Consensus Estimates of $46.14 billion of revenues and $1 earnings per share, respectively.For most companies, the quarter would be a blockbuster. But for Nvidia—whose results are closely watched to measure the strength of the AI boom—the standard is pretty high. Shares of NVDA remained under slight pressure post earnings release and lost 0.8% on Au ...