NVIDIA CEO Jensen Huang Sets Bar High for Blackwell Product Demand
NVIDIA Corporation (NASDAQ:NVDA) shares saw a 1% increase in after-hours trading on Wednesday following an exciting announcement from CEO Jensen Huang. Huang shared that demand for the company’s Blackwell product is “insane,” resulting in a surge of interest and anticipation from consumers and investors alike.
In a recent appearance on CNBC’s Closing Bell Overtime, Huang expressed his enthusiasm for the Blackwell product, stating, “Blackwell is in full production, Blackwell is as planned, and demand for Blackwell is insane. Everyone wants the most, and everyone wants to be first.”
Huang’s interview on CNBC also touched upon NVIDIA’s partnership with Accenture (NYSE:ACN) and the exciting developments that have stemmed from their collaboration. Notably, Accenture has established a new NVIDIA Business Group to support enterprises worldwide in accelerating their adoption of artificial intelligence (AI).
Julie Sweet, CEO of Accenture, emphasized the significance of their partnership with NVIDIA, stating, “We are breaking significant new ground with our partnership with NVIDIA and enabling our clients to be at the forefront of using generative AI as a catalyst for reinvention. Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise to help drive continuous change and create value.”
Huang echoed Sweet’s sentiments, stating, “AI will supercharge enterprises to scale innovation at greater speed. NVIDIA’s platform, Accenture’s AI Refinery, and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.”
The positive news surrounding NVIDIA and its partnership with Accenture has translated into a 1.6% increase in NVIDIA’s stock price during Wednesday’s trading session, bringing the year-to-date gain to an impressive 136%.
Stay tuned for more updates on NVIDIA and its innovative developments, as the company continues to push the boundaries of technology and drive growth in the AI space.
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