Jensen Huang's Latest Deal Is Expensive
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Hugging Face’s co-founders just landed a big sale to Nvidia. But how big, exactly, is it?
Huang said earlier this year that he thinks Nvidia's Blackwell and Vera Rubin platforms will combine for $1 trillion in sales between 2025 and 2027.
Nvidia CEO Jensen Huang says the company decided to "rip the Band-Aid off" on gross margins, resetting expectations to 72%-73% for next year.
Ellison is once again worth more than $200 billion, after his fortune fell when Oracle’s stock price collapsed earlier this summer.
Strong financial results, recent growth acceleration, and the Vera Rubin rollout suggest that Nvidia can hit its ambitious target of 70% year-over-year revenue growth in its fiscal 2028.
Nvidia Corp. Chief Executive Officer Jensen Huang called on Group of 20 nations to accelerate their adoption of artificial intelligence as a way to enhance growth, urging the world’s largest economies to expand data centers and other infrastructure to support the emerging technology.
Nvidia CEO Jensen Huang has urged G20 leaders to avoid imposing AI regulations based on hypothetical risks, advocating that policymakers focus on technology’s real-world benefits and
Nvidia chief Jensen Huang urged G20 ministers on Wednesday to build more data centers to support the artificial intelligence revolution, and warned that leaders who talk up the technology's dangers risk leaving their countries behind.