While attending Oneida Elementary school in Kentucky, Jensen Huang, president and CEO of AI megamonster Nvidia (NVDA) , made a deal with his roommate. Related: Nvidia CEO Jensen Huang just told investors what’s next for the AI chipmaker Huang would teach the illiterate student how to read in exchange for being taught how to bench press.

Most individuals consider established markets – places with plenty of customers and money to be made – when they think about launching a new product or beginning a business. However, Nvidia (NASDAQ:NVDA) CEO Jensen Huang takes a different approach.

The coming growth will be offset by the "incredible productivity" to come from reducing power grid waste, Jensen Huang says.

Some investors are concerned Nvidia stock can't possibly go any higher. The evidence suggests those fears are unfounded.

Consider this, just about nine months ago, at the end of December 2023, Nvidia stock was trading at around $50 levels.

Nvidia is headed for a meteoric run-up by the end of the decade, according to one former consulting exec. Phil Panaro — a former senior advisor at Boston Consulting Group who also served as CEO of a BCG subsidiary — says shares of the AI chipmaker will reach $800 by 2030.

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence (AI) chips instead of Nvidia Corp products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions.

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions.