NVIDIA's CEO, Jensen Huang, not only struck all of the right chords in a recent interview but went a step further to highlight the mind-boggling scale of the market opportunity that NVIDIA has yet to capitalize on. While NVIDIA investors have been busy scrutinizing the choice tidbits from this expansive interview, the streamed interaction is also gaining traction for the flowery language that Huang used for the CEO of Tesla and xAI, Elon Musk.
Jensen casually explains the killing of Investment Banking and Consulting Analyst programs. ☠️ $NVDA 👀
“EVERY SINGLE APPLICATION - Word, Excel, PowerPoint, Photoshop, Premier, AutoCAD - you give me your favorite application…I promise you it will be HIGHLY machine learned in… pic.twitter.com/yRnZhzQgBT
— Compound248 💰 (@compound248) October 13, 2024
To wit, in a recent interview with Altimeter Capital, Jensen Huang asserted that NVIDIA's ongoing bullish case is nothing like the mania around Cisco at the apex of the dot-com bubble. Specifically, Huang believes that NVIDIA is "reinventing computing" and that the future will be "highly machine learned."
“Moore’s Law has largely ended.”
Jensen Huang on why Nvidia will replace ONE HUNDRED PERCENT of the $1 trillion CPU-based data center TAM with GPU.
“We’ve reinvented computing, we’re not going back.
“Imagine you have $50B of CapEx to spend:
“Option A, Option B; build CapEx… https://t.co/NG9KgX5XCZ pic.twitter.com/xbXqG5uKYC
— Compound248 💰 (@compound248) October 13, 2024
In another remarkable take that is rightly going viral, NVIDIA's CEO believes that the Moore's Law as we know it has ended, and, therefore, in order to extract the requisite computing power to keep pace with the compute-hungry software of the future, existing data centers will need around $1 trillion dollar worth of GPUs in the next 4 to 5 years to modernize and remain abreast with the evolving demand environment.
Nvidia CEO Jensen Huang talking about xAI and Elon Musk pic.twitter.com/tPrwPzWozO
— Evan (@StockMKTNewz) October 13, 2024
Of course, another clip that is going viral, particularly among Elon Musk's vast fan base, relates to Huang's flowery language when he describes how xAI was able to bring together NVIDIA's gear and operationalize it within its own data center in just 19 days, when typically it would take a lot longer. NVIDIA's CEO noted:
"... Just building a massive factory, liquid-cooled, energized, permitted in the short time that was done...I mean that is, like, superhuman. Yeah, there's. And, as far as I know, there's only one person in the world who could do that. You know, I mean, Elon is singular in this understanding of engineering and construction and large systems, and marshaling resources ..."
Meanwhile, as we noted in a dedicated post recently, NVIDIA's entire supply of its latest Blackwell GPUs is already sold out for the next 12 months as demand for those chips remains "insane."
It is hardly a surprise, therefore, that NVIDIA shares currently remain just shy of their existing all-time high stock price of $140.76.
About the author: Writing is my one incontrovertible passion. Over the past six years, he has authored over 2,200 distinct articles on financial and tech-related topics, spanning nearly 1 million words. And he has been a member of Wcctech mobile team since 2025. As an alumnus of the University of Toronto, Rotman Commerce Program, I bring nuance, in-depth knowledge, and a unique perspective to every topic that I cover. When I'm not writing, I'm traveling the world, exploring hidden confectionaries and restaurants as an aspiring food connoisseur.
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