Nvidia CEO: AI Market Demand Remains Strong, Dismisses Bubble Fears

Nvidia Corp. CEO Jensen Huang has asserted that investment in artificial intelligence (AI) is a long-term business strategy driven by high market demand. Huang’s statement simultaneously dispelled concerns that massive investment competition could trigger a collapse in the technology sector. “We are still very far from an AI bubble,” the head of the American AI chip manufacturer told reporters in Tokyo on Wednesday (15/7), adding that “the current demand is incredibly strong.” According to Huang, the development of this technological infrastructure will require at least the next decade. The Nvidia CEO’s visit to Tokyo was to attend a number of corporate agendas. Regarding Japan’s potential in developing physical AI—technology that enables robots and other devices to operate autonomously—Huang assessed that this is the right momentum for the country. This is based on Japan’s historical track record of excelling in precision manufacturing and large-scale manufacturing. He also added that AI technology can help Japan address its severe labour crisis. “Through automation, AI, and robotics, you can strengthen the existing workforce and increase national productivity,” Huang said. Currently, the Japanese government is actively promoting domestic AI development as part of efforts to maintain national security and data protection. Regarding this matter, Huang emphasised the importance of technological sovereignty, stating that a nation’s intelligence must be nurtured, enhanced, and developed within the country itself. He revealed that Nvidia is preparing to deliver several important announcements related to sovereign AI this week.