By Eric Revell
Publication Date: 2026-01-23 17:21:00
Key Advisors Wealth Management co-founder Eddie Ghabour joins ‘Varney & Co.’ to explain why he believes the U.S. economy is entering a powerful bull market despite mixed signals on Wall Street.
Nvidia CEO Jensen Huang said that the build-out of infrastructure to support the artificial intelligence (AI) technology boom is boosting the salaries of construction trade workers who are involved with those projects.
The Nvidia co-founder spoke at the World Economic Forum in Davos, Switzerland, and was asked by BlackRock CEO Larry Fink, who is the WEF interim co-chair, about how the rise of AI will change the nature of work.
“First of all, this is the largest infrastructure build-out in human history. That’s going to create a lot of jobs,” Huang said. “It’s wonderful that the jobs are related to tradecraft – we’re going to have plumbers and electricians and construction and steelworkers and network technicians and people who install and fit out the equipment.”
“We’re seeing quite a significant boom in this area. Salaries have gone up nearly double, and so we’re talking about six-figure salaries for people who are building chip factories or computer factories or AI factories,” Huang said.
NVIDIA CEO SAYS AI BOOM IS FUELING THE ‘LARGEST’ INFRASTRUCTURE BUILDOUT IN HISTORY
BlackRock CEO Larry Fink and Nvidia CEO Jensen Huang discussed the rise of AI at the World Economic Forum. (Krisztian Bocsi/Bloomberg via Getty Images)
“We have a great shortage in that, and I’m…
