Nvidia'S CEO Jensen Huang, addressing concerns about the company’s new Blackwell chips, said that supplies will be plentiful after manufacturing gains momentum.
Nvidia shares fell 9.5%, the largest single-day market value loss for a US company. The decline of $279 billion indicates rising investor caution about AI.
Countries adopting their own AI models will contribute about low double-digit billions to Nvidia's revenue in the financial year ending in January 2025