Nvidia (NVDA.US) stock price hits an all-time high, CEO Jensen Huang dismisses concerns of an AI bubble.

According to the Securities Times APP, Jensen Huang, CEO of NVIDIA (NVDA.US), stated at the GTC conference held in Washington on Tuesday that the company is building seven new supercomputers for the U.S. Department of Energy. He also revealed that the order backlog for the Blackwell and Rubin series chips in the next five quarters has reached 500 billion US dollars. At the same time, he made a rare positive response to market doubts about the "AI bubble", saying that the AI industry has entered a turning point where customers are willing to pay real cash for models, and the commercial return on expensive computing power infrastructure has emerged, forming a "positive cycle".