Nvidia’s AI Dominance Is Here to Stay | Tech News

0:00It's September 10th. I'm Corey with The Story, and this is Tech News Today Technology News powered by AI. Jinson Huang, the head Han Shoei in video, is out here saying his company's AI dominance and cash flow are set to keep breaking records all the way through next year. He's basically saying they've got a lock on the whole AI game, from the chips themselves to the massive data centers needed to run everything. He even dropped a bomb, saying one of their advanced GPUs, which used to be a few hundred bucks for gamers, now costs eight and a half million dollars. When you're talking about the full-blown AI setups, now a lot of folks are wondering if Nvidia's rain is going to end, with big players like Amazon, Microsoft, and Google building their own chips, and AI, labs like OpenAI and Anthropic doing the same. Plus, there are new competitors popping up left and right. Bo Huang is pushing back, saying Nvidia isn't just building a chip. They're building entire systems that require massive infrastructure, like airplanes to ship

1:01them. He pointed out that just one of their systems, packed with CPUs and GPUs, is seeing 27% month over month sales growth. The confidence Huang is showing isn't just about current sales. He's reiterating Nvidia's outlook for next year, which they already shared when they dropped their last record-breaking earnings report. Back then, they were talking about 70% growth for the coming year. His reasoning? Nvidia is so deeply woven into the fabric of AI development that he feels like he can see what's coming. He explained that Nvidia's tech power is pretty much every AI model out there, from the big commercial ones to the open source stuff. They're not just a component, they're the foundational platform for the entire AI industry. This reach extends from the companies that make the memory chips all the way to the data center construction projects and the startups themselves. He even mentioned they're tracking every single gigawatt of power and land being prepped for data centers globally. Huang even joked about their financial success, saying it's not circular because they put

2:02it in a little and get a lot back, comparing it to putting in. One dollar and getting 100 back. But seriously, he stressed that before any company gets funding, Nvidia makes sure they have solid contracts, generating real revenue. He's seen about 100 billion dollars in these kinds of contracts, so he's not taking any chances. While the tech world is always right for disruption, for now, Nvidia seems to have its hands in every aspect of AI and is looking at another year of massive growth.