NVIDIA’s Stock Soars as CEO Reveals Unprecedented Demand for Blackwell Product
In a recent interview on CNBC’s Closing Bell Overtime, NVIDIA CEO Jensen Huang shared that the demand for the company’s Blackwell product has reached unprecedented heights. “The response to Blackwell has been overwhelming,” Huang stated. “Everyone wants to get their hands on it, and they want it now.”
Huang’s comments came as he discussed NVIDIA’s expanded partnership with Accenture, which includes the formation of a new NVIDIA Business Group. This collaboration aims to help enterprises rapidly adopt artificial intelligence (AI) solutions and stay ahead of the curve.
Accenture CEO Julie Sweet echoed Huang’s sentiments, highlighting the potential for AI to revolutionize businesses and industries. “Our partnership with NVIDIA will empower companies to reimagine their operations and unlock new opportunities for growth,” Sweet said. “With Accenture AI Refinery, we’re creating a platform that will drive continuous change and value creation.”
Huang emphasized the transformative power of AI, stating that it will “supercharge innovation” and enable businesses to scale at unprecedented speeds. The combined expertise of NVIDIA and Accenture will help drive this transformation, he added.
NVIDIA’s stock responded positively to the news, gaining 1.6% during the day and 136% year-to-date. As the demand for Blackwell continues to surge, investors are likely to remain bullish on the company’s prospects.
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