Nvidia CEO Rebuffs AI Bubble Concerns Amid Wave of Global Partnerships
Nvidia CEO Rebuffs AI Bubble Concerns Amid Wave of Global Partnerships
Synopsis
- Jensen Huang announces record-breaking AI chip revenue forecasts.
- Nvidia reveals partnerships with Uber, Palantir, Nokia, and others.
- Shares surge 5% as investors gain confidence in AI growth.
- New €1 billion data centre and upcoming deals with Samsung and Hyundai signal expansion.
3 mins read
Nvidia Corp CEO Jensen Huang dismissed concerns over an artificial intelligence (AI) investment bubble while unveiling a series of major partnerships designed to reinforce the company’s global dominance in AI computing, according to Bloomberg.
Huang stated that Nvidia’s Blackwell and Rubin processors are expected to drive US$500 billion in revenue as the company experiences an unprecedented sales surge through 2026. Speaking at Nvidia’s first GTC conference in Washington, he outlined new collaborations with Uber Technologies, Palantir Technologies, and CrowdStrike Holdings, among others. Nvidia also announced a breakthrough system connecting quantum computers with its AI chips.
The CEO emphasized Nvidia’s expanding international ambitions, including a €1 billion data centre in Germany with Deutsche Telekom and a new investment deal with Nokia. Additional agreements with Samsung Electronics and Hyundai Motor Group are expected during Huang’s upcoming visit to South Korea.
“We have now reached our virtuous cycle, our inflection point,” Huang said before thousands of attendees, highlighting Nvidia’s momentum as it cements its leadership in AI infrastructure.
Huang also noted Nvidia’s contribution to President Donald Trump’s push for domestic manufacturing, aligning with the U.S. economic agenda. The announcement came days before a planned Trump–Xi Jinping meeting aimed at easing U.S.–China trade tensions that have restricted Nvidia’s AI chip exports to China.
The event, dubbed an “AI Super Bowl,” featured several headline collaborations:
- Uber Partnership: Nvidia technology will power 100,000 self-driving vehicles, with Stellantis as one of the first automakers to deploy robotaxis.
- Lucid Group Collaboration: Development of a new autonomous vehicle platform.
- Nokia Investment: A US$1 billion investment supporting Nokia’s shift from mobile networking to AI.
- CrowdStrike Integration: Creation of continuously learning AI agents for cybersecurity.
- Palantir Agreement: Nvidia hardware will integrate with Palantir’s Ontology platform, with Lowe’s as an early adopter.
- Eli Lilly Supercomputer: Construction of the most powerful pharmaceutical-owned supercomputer, powered by over 1,000 Blackwell AI chips.
Nvidia shares rose 5% to US$201.03, reaching a record high as investor sentiment strengthened. “I don’t believe we are in an AI bubble,” Huang told Bloomberg Television, asserting that widespread enterprise adoption validates the infrastructure spending boom.
The company plans to ship 20 million next-generation chips, compared with four million units of its previous Hopper generation. Nvidia remains the world’s most valuable company, benefiting from rapid AI adoption, though competition from AMD, Broadcom, and Qualcomm continues to intensify.
The Washington presentation carried a patriotic tone, with Huang emphasizing Nvidia’s role in revitalizing U.S. manufacturing and ending with a nod to Trump’s campaign slogan: “Thank you for making America great again.”
Meanwhile, Nvidia is expanding its influence abroad, helping countries develop “sovereign AI systems” — infrastructure independent of U.S. tech giants. Despite export restrictions to China, Huang confirmed that the company’s ambitious projections for Blackwell and Rubin chips exclude Chinese sales.
Ahead of his keynote, Huang told attendees he would meet with President Trump during the APEC summit in Seoul, underscoring Nvidia’s growing presence in geopolitical and industrial AI discussions.
Source: Bloomberg / The Edge Singapore
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About Nvidia Corporation
Nvidia Corporation stands at the forefront of the artificial intelligence (AI) and semiconductor revolution, redefining how industries build and deploy computing power.
Founded in 1993 and headquartered in Santa Clara, California, Nvidia is best known for its graphics processing units (GPUs), which have evolved from gaming hardware into the backbone of modern AI infrastructure. Under the leadership of CEO Jensen Huang, the company dominates the global market for AI accelerators, powering data centres operated by Microsoft, Amazon, and Google. Nvidia’s flagship Blackwell and Rubin chips are projected to generate more than US$500 billion in revenue, driving exponential growth through 2026. Beyond the United States, Nvidia is expanding its footprint with new ventures including a €1 billion data centre in Germany with Deutsche Telekom and strategic partnerships with Nokia, Samsung, Hyundai, Uber, and Palantir, cementing its position as the world’s most valuable company and the central force in AI computing.
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