Nvidia CEO Predicts Massive Tech Buyout by SoftBank's Masayoshi Son in AI Microchips by 2024

According to Nvidia CEO Jensen Huang, SoftBank CEO Masayoshi Son is likely to make a massive acquisition in the AI microchip industry by 2024. Huang believes that Son, known for his bold investments, will aim to dominate the AI chip market, which is crucial for powering advanced artificial intelligence systems. The prediction stems from Son’s keen interest in AI and his willingness to invest heavily in transformative technologies. Nvidia, a leading player in AI chips, could potentially be a target for Son’s acquisition ambitions. However, Huang did not explicitly mention Nvidia as a potential target. The AI chip market is rapidly growing, driven by the increasing demand for AI applications across various industries, including autonomous vehicles, robotics, and data centers. A major acquisition by SoftBank could reshape the competitive landscape and accelerate the development of more powerful AI chips.

Source: https://www.businessinsider.com/nvidia-huang-softbank-masayoshi-son-tech-stock-buyout-ai-microchips-2024-11