Why Trump’s boots and AI trillions won’t shake excited investors

But the potential is even greater, he says.

“A few hundred billion dollars in (venture capital) funding goes into modernizing and inventing this new world every year. That means hundreds of trillions of dollars of industry, several percent of which are (research and development) budgets, are being converted to artificial intelligence,” he says.

“People ask, ‘Where does the money come from?’. That’s where the money comes from.”

But for all of Huang’s chutzpah, AI will need a lot more than that hot air — and rising chip sales — to sustain its mad dash to 2025 this year.

Concern is growing that the AI ​​giants that helped make Nvidia a $5 trillion behemoth must start demonstrating an actual return on their massive AI investment plans or risk a brutal market reaction.

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Not that crazy market optimism isn’t limited to AI, is it…