Nvidia CEO Jensen Huang unveils ambitious plans for the company's future, expanding beyond data centers to encompass warehouses, cities, and new frontiers in AI like agentic and physical AI.
AI chip giant Nvidia's blistering growth in recent years has sprung from the data center. On Monday night, CEO Jensen Huang made the case that Nvidia's next wave of expansion will encompass much more — stretching from the warehouse floor to city streets and beyond.
Huang's slate of announcements and pronouncements on artificial intelligence at the annual CES conference in Las Vegas reinforce our conviction that Nvidia is an essential stock to own, even after back-to-back years of monster gains that turned the company into one of the world's most valuable companies. The stock's more than 5% pullback in Tuesday's session strikes us as little more than a 'sell the news' reaction. After all, shares closed at a record Monday. Huang offered up plenty of exciting new products, including a new video game chip that uses AI to improve graphics rendering and a model that can improve autonomous driving and robotics systems. However, the night was not just about Nvidia's product roadmap. It was more about presenting a broader roadmap for artificial intelligence, as the industry matures from creative-minded generative AI chatbots — such as ChatGPT, which catalyzed this boom two-plus years ago — and into new frontiers like 'agentic AI' and 'physical AI.' Agentic AI refers to software applications that can autonomously complete multi-step tasks, while physical AI is defined by self-driving vehicles and general robotics. Of course, we're only scratching the surface of agentic AI — consider fellow Club name Salesforce's buzzy new offering Agentforce — and seeing early glimpses of physical AI through Google-owned Waymo's robotaxis , Tesla's advanced driver assistance system and occasional behind-the-scenes looks at so-called humanoid robots made by the likes of Boston Dynamics and other startups. Still, it's clear that despite Nvidia's incredible growth since the launch of ChatGPT sparked a gold rush for its market-leading data center chips, its best days are ahead of i
NVIDIA AI CES Agentic AI Physical AI
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Charts signal that an Nvidia breakdown could be imminentDavid Keller does a thorough technical analysis of Nvidia.
Read more »
Nvidia Corrects, Dow Extends Losing Streak as Market Focus Shifts Beyond AI HypeNvidia's stock price enters correction territory after a seven-day decline, marking the Dow's longest losing streak since 2018. The market is recognizing the potential of other AI beneficiaries besides Nvidia. Meanwhile, the Federal Reserve's interest rate decision in December is anticipated with 93% expecting a quarter-point cut.
Read more »
Dow Jones Plunges, Nvidia Profits, and BeyondThe Dow Jones Industrial Average faces a nine-day losing streak, but the broader market remains strong. Nvidia's rally continues, while Nissan struggles with Japan's economic uncertainty.
Read more »
Moana 2 Charts a Course for Box Office Success, Aiming for BillionsDisney's Moana 2 continues to make waves at the global box office, climbing to third place among animated films of the year and the top five highest-grossing films overall. With a domestic gross exceeding $363 million, it's poised to surpass Despicable Me 4's global record and potentially break the $1 billion barrier, making it the third film of the year to achieve this milestone. This success bolsters Disney's impressive box office performance in 2024, with their releases already surpassing $2 billion domestically and $5 billion worldwide.
Read more »
OpenAI Charts Course for For-Profit FutureOpenAI, the AI research company behind ChatGPT, announced plans to transition into a for-profit structure by 2025. The company will establish a public benefit corporation (PBC) to manage commercial operations, while maintaining a separate nonprofit arm focused on charitable initiatives.
Read more »
Jerry Brown: We’ve Gone Beyond Sanctuary Law I Signed, Some Cities Went ‘Way, Way Beyond’Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »