"Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an AI bubble, even as it continues to post blockbuster results, according to audio of an internal all-hands meeting reviewed by Business Insider. "The market did not appreciate our incredible quarter," Huang said on Thursday, less than 24 hours after Nvidia reported another set of record earnings and said it had "visibility" into half a trillion dollars of revenue lined up for the rest of 2025 and 2026."
""If we delivered a bad quarter, it is evidence there's an AI bubble. If we delivered a great quarter, we are fueling the AI bubble," he told employees. "If we were off by just a hair, if it looked even a little bit creaky, the whole world would've fallen apart." The comments offer a rare glimpse into how the face of the AI boom views the growing backlash to it, and how closely he is watching the market's whiplash response."
Nvidia reported record earnings driven by surging sales of data-center processors and projected visibility into roughly half a trillion dollars of revenue for 2025 and 2026. Despite exceeding expectations and raising guidance, the stock initially jumped then reversed, closing down about 3% as traders rotated out of Big Tech names tied to the AI boom. CEO Jensen Huang said market expectations have become extreme, creating a situation where either disappointing or stellar results can be interpreted as evidence of an AI bubble. The company is monitoring investor sentiment and market whiplash closely amid growing backlash to AI exuberance.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]