Bloomberg
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) touted “insane” returns for investors willing to bet on the artificial intelligence (AI) boom, seeking to dispel lingering concerns around the big sums spent on AI and its long-term profitability.The Nvidia cofounder, who has spent much of the week at the Computex Taipei exhibition proselytizing about how AI would revolutionize economies and society, found time on Tuesday evening to address hundreds of representatives from financial institutions and wealthy family offices. A billionaire himself, Huang said only “crazy” people would question returns from AI, citing the trillions of dollars of value the technology has created.
Nvidia CEO Jensen Huang delivers a speech at the Marvell Keynote during the Computex Taipei on Tuesday.
“Only for the last six months has the ROI [return on investment] been completely reset. It is now insanely profitable,” Huang said at a closed-door event in Taipei hosted by Jasper Lau’s billionaire-backed investment firm Era and Chailease Holding Co (中租控股), controlled by local financial mogul Andre Koo Sr (辜仲立). The forum at the Mandarin Oriental attracted more than 300 guests, including Hillhouse Investment, PAG and DBS Group Holdings Ltd.
