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Nvidia (NVDA) Soars as CEO Huang Defends AI Profitability and Infrastructure Expansion

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The Story

News Summary

  • Nvidia CEO Jensen Huang defended the profitability of AI, dismissing bubble concerns.
  • He highlighted that AI's value creation has evolved beyond chips, now encompassing power, infrastructure, and diverse financing sources, signaling a shift toward a broader AI-driven economic ecosystem rather than just a semiconductor trade.
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NVDA price history

218.29 +19.87% over the displayed period

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