How Did NVIDIA Corner The LLM Chip Market? Jensen Huang Is the Answer
I have criticized NVIDIA (ticker: NVDA) co-founder and CEO Jensen Huang for hyping NVDA shares during the recent AI boom. Putting hyperbole aside, there is a reason why NVIDIA developed the market-leading chips that underpin the Large Language Models (LLMs) that power Generative AI products and services. Mr. Huang is that reason.
While Intel (ticker: INTC), and other producers were either distracted or busy with other initiatives, Mr. Huang led the charge to develop the best “AI” chips on the market. The chips did not produce themselves. They were the result of a leader’s drive to produce the best product on the market. No doubt Mr. Huang pushed his key team hard and held everyone in the organization accountable in his drive to be the best. Sounds a bit like Steve Jobs. Sounds nothing like Intel’s former CEO (a CFO promoted into the CEO chair). How is a career CFO ever going to motivate a team of engineers to develop the world’s best chips? That experiment failed and Intel named a new CEO a couple of years ago who has engineering chops. If you have followed TEK2day over the years, you know that we are always partial to Technology Founder CEOs versus hired gun managers. Mr. Huang is a perfect example of the former.