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Is Jensen Huang Nvidia’s Chief Revenue Destruction Officer?

Mar 21, 2025 - forbes.com
At the Nvidia GTC Conference in San Jose, CEO Jensen Huang captivated an audience of over 25,000 with his vision of AI's transformative potential. He emphasized the rapid advancements in AI computing, noting that Nvidia's new Blackwell GPU is 40 times faster than its predecessor, Hopper, due to innovations like the Dynamo inference management software. Despite the excitement, Huang's comments about not buying Hopper GPUs led to a 2.6% drop in Nvidia's stock. The Blackwell GPU's performance, however, is driving a new demand cycle, with Nvidia shipping significantly more Blackwell units compared to Hopper in 2024.

Nvidia is positioning itself as the foundational AI company, with its technology deeply embedded in enterprise AI stacks. The company is also advancing its hardware roadmap, with plans to release the Blackwell Ultra and Rubin Ultra GPUs, which promise unprecedented performance increases. Nvidia's innovations extend beyond hardware, with developments in AI Factory OS and co-packaged optical networking, further solidifying its leadership in the AI industry. Despite competition, Nvidia's comprehensive approach to optimizing AI infrastructure sets it apart, as it continues to redefine the industry landscape.

Key takeaways:

  • Nvidia's new Blackwell GPU is significantly faster than its predecessor, Hopper, and requires substantial data center upgrades for optimal performance.
  • The introduction of Nvidia Dynamo, an open-source modular inference framework, enhances AI factory efficiency and reduces costs by optimizing distributed inference processing.
  • Nvidia is advancing its hardware roadmap with the upcoming Blackwell Ultra and Rubin Ultra GPUs, promising unprecedented performance increases and efficiency.
  • Nvidia is positioning itself as the foundational AI company, deeply embedding its technology in enterprise AI stacks and maintaining a competitive edge over industry rivals.
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