Nvidia CEO Huang: AI is the largest business opportunity in history

There's so many important tech companies here GTC but it is the most important by far which is why I spend so much time talking to co founder president CEO of Jensen Wong this morning. Take a look. All right so give me the road map I mean you do you laid out a trillion obviously I think that was arbitrary number because if you said three trillion no one would believe you. But at two years from now what's going to be. One year we did this. What happens two years from now I mean what we need do we find out we need ten times at the ten times. Yeah we're gonna need a lot more computing and- we're fairly sure now. That that- the world's computing capex it's on its way to a trillion dollars annually by the end of the decade. So we're fairly certain of that. We're also very certain that the vast majority of that will be used for AI. And so our opportunity as a percentage of a trillion dollars. By the end of this decade- this is quite large and so what is it a lot of infrastructure to build and when I ask you that will gross margins get better than you'll get better. Am I asking questions that are just. Lilliputian and I shouldn't waste my time or there are people that you know I've recommended your stock to when it was a two. And own it don't trade it and I want to stick by that but is that again too small. If our company wasn't growing. Then obviously obviously- gross margins is a real area of focus. But we're growing incredibly fast. And this year we reinvented. The structure of a computer and I was explaining that at the G. that GTC keynote yesterday. We reinvented how the computer structure. And when we do that and all of these companies are involved and we- created all of these parts necessary. Six hundred thousand parts that goes into one of our computers right. It's three thousand pounds. And. I know six hundred thousand parts like twenty cars. And so all of those components have to come in to build one computer. And we're building these computers in volume. And so the idea that that- in our first couple quarters as we're ramping this up. We have to you know improve our yields and improve our cost and you know everybody is coming together and getting getting good at building this thing. I think that's a minor idea are we going to are we going to be are we going to get incredibly good at building these things. In the next several quarters of course. Of course you have and when we do that our margins grow and I imagine the first quarter you weren't able to build as much as you'd like. And I'm not even close not even close yeah not even close and then I think well there's so many smart people out there we have. A new follows running Intel who you praise in a video when you got the Robert Noyce award and you were very complimentary. We have Lisa Su at AMD who's terrific we have competitors that I that I don't know right now who may be working something that could leapfrog you but then. I listen to you and I think. It did it. Was it winner take all losers take not. This is the largest business opportunity in history I think that we know now in history bigger than airplanes this is the largest trains bigger than canals. None of those are anywhere close. Larger than the production of energy. And there's no reason why you give us that. So why can't your company be a ten trillion dollar company there's no reason these are abstractions. It's an abstraction of the price of your stock and it's just you have to understand it's not a business. It's really about the size of the opportunity. And we are now talking about the single largest opportunity. That the world knows constructive way to do it so people can let themselves which is the reason why every single company is here. And we are part such incredible partnerships. With the world's largest companies. And so so one. It is an extraordinarily large opportunity to it is incredibly hard. It is just incredibly hard to scale at which we do things and the amount of R. and D. that has taken to get here is incredible so it's- and then I laid out a road map for the world. Which no one does three years old does if I were a competitor and she just gave me the key to the exactly I I laid out a road map for the world need three years and the reason for that is because there are several hundred billion dollars of investment that's laying being laid down right in front of us right now as we speak. They need to know exactly what they're building into. So I gave the world a road map of building A. I. infrastructures for the next half decade. Now. That road map is also a super high bar. We're talking about so much new technology. The the bar is very very high in you yeah you I saw people test they wanted to stop you to sign anything and they wanted just a minute with you what and you gave everybody that I saw the time that they wanted it was almost as if you said listen I've got more time than you. I do have plenty of time. Yeah still getting up and forward doing all the things that matter for working and going out yeah yeah sure you still fighting with leaders yeah Jim we get our work done first thing in the morning then we're covered for the rest of the day we got plenty of time I got plenty of I don't wear a watch and I just want to hang out here with you all day and do you want to hang out with the president and try to just I'm sure he was terrific he was frankly he was terrific he was he was he was a straightforward direct remembered our conversation really engaging I thought super charismatic yeah I really enjoyed the meeting you enjoy it I didn't know what a one over the usual many people in the room we had thirty people watching us talk yeah well okay it was but I enjoyed it it was super it was super good and are you still able to to in to wash dishes at your restaurant with one table are you able to have fun like that is the Denny's Jensen around Denny's was here yesterday Denny's here I'm sure they're here still and they brought a special truck here and they named they named a new dish after NVIDIA the NVIDIA bites and it's a you know it's a sausage wrapped around wrapped around a pancake wrapped around that I went to Grand Slam I don't want that oh no this is fantastic finger food who doesn't love finger food that's true yeah you could dip it in mustard you like you could dip it in matter then I love more I helped them flip pancakes yesterday I served pancakes yesterday it was fantastic so Jensen Wong that was a bus boy moved up in the hierarchy is still the Jenny you and I you and I the same way once a bus boy always a bus boy always yeah once a waiter always you know what I'm going to leave it right there Jensen Wong is the CEO of NVIDIA and kind of the CEO of everything thank you thank you to the family's back.