“I made everyone a programmer,” says Jensen Huang, CEO of Nvidia.
During his trip to Taiwan, Jensen Huang, CEO of Nvidia’s Phenom Chip, is getting the kind of treatment usually reserved for celebrities and sports stars.
The 60-year-old was followed around local night markets as he foraged for food over the weekend and was constantly booed by the media as he walked the aisles at Computex. On Tuesday, she was flanked by dozens of people taking selfies as paparazzi tried to get clear pictures.
The day was Huang’s fifth public appearance in seven days, this time at a roundtable where he answered questions about the regulation of artificial intelligence and the use of the technology in places like China. Huang explained that artificial intelligence extends beyond the boundaries of the technology industry to everything from agriculture and factories to medicine and climate change.
“Artificial intelligence is an amazing computer that is very easy to program,” he said. “You can speak any language you want and you can even draw pictures.” You just made everyone a programmer.
Shares of Nvidia rose more than 3% in premarket trading, pushing the company closer to a $1 trillion market capitalization.
Nvidia has had a great week. It began when Huang predicted on Wednesday that revenue for the current quarter was more than 50% of analysts’ estimates, indicating increased demand for chips that use AI tools like ChatGPT.
Nvidia’s market value increased by $184 billion in one day and led the march of artificial intelligence around the world. The company’s valuation is approaching the trillion dollar mark, a level the chip maker has not yet reached. One analyst responded with a research note, “Biggest hit of all time?”
Huang’s fortune has increased by more than six billion dollars to a record 34 billion dollars. He founded the company in 1993 and continues as its CEO.
At Tuesday’s roundtable, Huang was serious and lively. When asked about government regulation, he acknowledged the potential risks.
“We have to be very serious about AI security,” he said. “Artificial intelligence is ultimately a product or a service. All products and services must be regulated and safe.”
Huang said two of his favorite opportunities for AI are not in the tech industry, but in drug discovery and understanding climate change.
It was measured more in the China debate. Semiconductor technology has been at the center of growing tensions between the US and China, with Washington banning the export of some Nvidia products to China. However, he sees that Beijing supports the development of artificial intelligence.
“I believe China will take this opportunity to promote all domestic entrepreneurs,” he said.
Nvidia relies heavily on Taiwan Semiconductor Manufacturing Corp. to make the chips it designs, but Huang said the company has built its supply chain for flexibility and redundancy. He said he has started using Samsung Electronics Co. for manufacturing and also considers Intel Corp. a manufacturing partner.
“We’re doing as many places as we can,” he said.
Born in Taiwan, Huang has been treated like a rock star since he arrived on the island for Computex.
He began his journey by giving his graduation speech at National Taiwan University. He entertained the students with stories of how Nvidia almost died in its early years and the lessons it learned from these grueling experiences. He also encouraged them to learn about AI – no matter what industry they work in – because the technology is changing the business landscape and changing every job.
On Monday, he spent two hours on stage during a keynote at Computex, unveiling a comprehensive lineup of new products to meet the burgeoning demand for AI. The range included a new bot design, game features, advertising services, web technology and perhaps most importantly, an AI-powered supercomputer platform.
Huang lamented that he had not been able to hold such a performance for four years due to the epidemic. As a result, according to him, the company has a lot to present to the world. “It’s just too much,” Huang said near the end of the show. “I know it’s too much.”
But after Tuesday’s roundtable, it was clear Huang was enjoying his moment in the spotlight. After another round of goodbyes, he headed to another press conference to talk about Nvidia’s products.