NVIDIA's CEO, Jensen Huang, has vigorously promoted the "astonishing" returns possible from betting on the AI boom, aiming to counter ongoing market concerns about the massive investments required and the long-term profitability of the technology.
The NVIDIA co-founder spent much of this week at the Computex trade show in Taipei championing how AI will fundamentally transform the economy and society. On Tuesday evening, he also took time to address hundreds of representatives from financial institutions and family offices. As a billionaire himself, Huang stated that only someone "crazy" would question the return on investment in AI, given that the technology has already created trillions of dollars in value.
Huang remarked, "Just in the last six months, the return on investment has been completely reshaped. It is now astonishingly profitable." Huang made these comments during a private event in Taipei. The gathering was co-hosted by Era, an investment firm backed by billionaires and led by Jasper Lau, and Chailease Holding. The forum, held at the Mandarin Oriental Taipei, attracted over 300 guests, including prominent investment firms such as Hillhouse Capital, PAG, and DBS Group.
Huang's advocacy comes as the market continues to debate whether global investors are chasing a bubble that will eventually burst. On Tuesday, the NVIDIA CEO took aim at investors who point to unprecedented market valuation increases and question AI's future monetization potential after trillions are spent on data center construction.
"Remember when we gathered last year? The tone and narrative around these investments was: where is the return on investment?" Huang said. "Now give me an example of anyone who still says that. That person would sound like they're crazy."
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