Nvidia Stocks Slip Despite Revealing New AI Chips, Robot

TaiwanPlus News

California-based tech giant Nvidia unveiled a lineup of new AI products at its annual GTC conference, including upgrades to its Blackwell microarchitecture, robotics and a partnership with General Motors for AI-fitted self-driving cars.

Transcript

00:00Welcome to the stage, NVIDIA founder and CEO, Jensen Huang.

00:05Another glimpse into the power of artificial intelligence

00:09at leading California-based tech giant NVIDIA's annual conference, GTC.

00:14It's Taiwan-born CEO, Jensen Huang,

00:17revealing new and updated AI chips

00:20with upgrades to Blackwell micro-architecture.

00:23This is the most extreme scale-up the world has ever done.

00:29And introducing its next AI superchip, the Vera Rubin, set for next year.

00:35But stealing the show, a breakthrough in robotics.

00:43This bot, a collaboration with DeepMind and Disney,

00:47and a foundation model for humanoids.

00:50I told you the progress of our robotics has been making enormous progress.

00:55And today we're announcing that Groot N1 is open-sourced.

01:02Thousands of industry reps from around the world flocked to the San Jose event

01:08for a first-hand look at NVIDIA's new lineup,

01:11widely seen as the front line of innovation for the sector.

01:15And being here, I think, really opens your eyes into what's,

01:19you know, we're just seeing the very, very tip of the iceberg.

01:23I tried to get into the keynote at the SAP Center today.

01:26Couldn't find the end of the line.

01:28I was like, I've been to like a Taylor Swift concert.

01:31It hasn't been this bad.

01:33But in the stock market, another story.

01:36Though NVIDIA has become one of the U.S.'s hottest stocks,

01:39thanks to booming AI, it slipped 3% on Tuesday

01:44and is down over 20% from its January peak,

01:48cutting into its market value by $800 billion U.S.

01:53Jensen today do a great job, just kind of presenting a lot of new products,

01:56his visions, a lot of like NVIDIA's ecosystem when it comes to AI.

02:01But people are worried, well, like you have all this amazing product,

02:04amazing ecosystem, but where is the customer?

02:08At least for 2025, if you look at the top four CSP,

02:12the call service platform company in the United States,

02:16their capex, their capital spending is actually continuing to increase.

02:19At least on that, you couldn't say the demand is decreasing.

02:24But I think the people is worried about like, OK, like beside this four CSP giants,

02:28like what's the other demand will come from?

02:31As doubts swirl over whether lofty investments in AI will eventually pay off,

02:36concerns over the U.S.'s economic outlook under President Donald Trump,

02:41another factor hanging over the stock market.

02:45But at least for NVIDIA, a full-fledged commitment to its vision for a future

02:50where AI is everywhere.

02:52Yixin Chen and Joyce Chen for Taiwan Plus.

Category

Transcript

Recommended