According to Nvidia CEO Jensen Huang, the demand for artificial intelligence (AI) chips from major tech companies like Microsoft and Apple is expected to surge by 2024. Huang believes that the AI revolution is just beginning, and the need for specialized hardware to power AI systems will skyrocket. He cited the rapid adoption of AI technologies across various industries, including healthcare, finance, and transportation, as a driving force behind this anticipated demand. Nvidia, a leading manufacturer of graphics processing units (GPUs) and AI chips, is well-positioned to capitalize on this trend. The company has already secured partnerships with major cloud providers and is working on developing more powerful and efficient AI hardware. Huang emphasized the importance of investing in AI research and development to stay ahead of the competition and meet the growing demand for AI solutions. He also highlighted the potential of AI to transform industries and create new opportunities for businesses and consumers alike.
Source: https://www.businessinsider.com/nvidia-jensen-huang-ai-demand-chips-microsoft-apple-2024-6