Jensen Huang Nvidia AI bubble
Nvidia executives have been quietly selling off their own stock while urging the public to buy. SEC filings reveal that insiders have unloaded $3.3 billion worth of Nvidia shares. Now, the company is asking investors to lend them an additional $20 billion. This comes as CEO Jensen Huang recently stated, "I don't believe we're in an AI bubble." The filings are available at
Transcript (en)
I don't believe we're in an AI bubble. And the reason for that is we're going through a natural transition from an old computing model based on general purpose computing to accelerated computing. We also know that AI has now become good enough because of reasoning capability, research capabilities, its ability to think. It's now generating tokens and now generating intelligence that's worth paying for.
