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According to CNBC, NVIDIA held its annual shareholder meeting early Thursday morning Beijing time. NVIDIA CEO Jensen Huang said at the meeting that the question of AI investment return has "been answered." Huang emphasized that AI data centers are factories for tokens, which can be turned into code, answers, designs, actions, and services, making each token a unit of profit. Huang said, "NVIDIA's systems may not be the cheapest, but the tokens produced by NVIDIA have the lowest cost, highest throughput, and generate the most revenue." In addition to AI factories, Huang also referred to "physical AI" as the next wave of growth. He believes that robots, cars, and factories will become intelligent entities in the real world, capable of sensing, reasoning, planning, and acting autonomously. Huang also expressed optimism about long-term growth and ASIC impacts, emphasizing that "this round of construction will be measured in decades" and that NVIDIA's infrastructure can provide the "best reasoning economy."
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