Nvidia CEO Jensen Huang to Google, Microsoft, Meta and Amazon’s ‘worried investors’: Don’t be alarmed because … – The Times of India

Nvidia CEO Jensen Huang has a ‘happy message’ for worried and anxious investors of four of the biggest American technology companies — Google, Microsoft, Meta and Amazon. Taking a question on investors worry about technology companies increasing Capital Expenditure due to spending on artificial intelligence (AI) infrastructure, Jensen Huang said that the level of expenditures is appropriate and sustainable. Despite posting strong results, Google, Microsoft, Meta and Amazon are facing concerns that they are overspending on data centers.Huang told CNBC that the build-out of artificial intelligence infrastructure will continue for seven to eight years, saying that demand for AI is “just incredibly high.” “AI has become useful and very capable,” Huang said. “The adoption of it has become incredibly high.” Huang argues that artificial intelligence is already paying off for its adopters — and those customers would be doing even better…