On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang brushed off OpenAI’s new Jalapeño chip, saying he remains confident in Nvidia’s technology and ability to supply the AI industry even as customers develop their own processors.
Jensen Huang Shrugs Off OpenAI’s Jalapeño Chip Challenge
During an appearance on CNBC’s Mad Money, Huang was asked by host Jim Cramer whether he was offended that a company receiving billions of dollars in Nvidia investment was simultaneously developing a chip capable of challenging Nvidia.
Huang said he was comfortable with the competition and pointed to the volatile nature of the AI-chip industry.
"Lots of projects get started. Lots of projects get canceled," Huang said. "We’re here to support our partners and we’re going to build the world’s best technology."
