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November 15, 2023
Nvidia CEO Jensen Huang says his AI powerhouse is ‘always in peril’ despite a $1.1 trillion market cap: ‘We don’t have to pretend…we feel it’
Fortune
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Contributed by: Bill Russell
Summary
Nvidia CEO Jensen Huang warns no company assured survival, despite its $1 trillion market cap. The AI-focused semiconductor maker has faced several existential threats, survived near-bankruptcies, and now contends with U.S. tech export restrictions potentially causing a multi-billion dollar loss. Nvidia also faces competition from AMD and others in AI chipmaking. Huang believes constant vigilance and balance between aspiration and desperation is key for survival.
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