Huang emphasized that high demand for Nvidia's products is putting pressure on the company, highlighting their crucial role in the tech ecosystem. "Demand is so great that delivery of our components, technology, infrastructure, and software is really emotional for people, because it directly affects their revenues, competitiveness." This illustrates how Nvidia is not just a supplier but a key player in driving success for major tech companies.
Nvidia commands a substantial portion of the AI chip market, having 70% to 95% as of June, though competition is intensifying. Huang noted that competitors are aggressively pursuing market share, specifically citing AMD's acquisition of an AI startup for substantial cash. This demonstrates the fierce landscape of the AI chip industry, with significant investments being made to capture emerging opportunities.
Despite concerns over their stock performance, Huang reassured investors about the strength of demand for Nvidia products, stating, "We have a lot of people on our shoulders, and everybody is counting on us." This reflects the immense responsibility and expectations placed on Nvidia as a leading AI chip supplier.
Regarding the evolving role of software engineers, Huang declared, "I think the days of every line of code being written by software engineers, those are completely over." This comment indicates that AI's integration into coding could reshape the industry, shifting reliance away from traditional coding practices.
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