Huang says every company now has opportunity to transform into a technology company using AI.
“So it is the it is the case that all of you, all of you, everybody in in this room today, you have the opportunity to apply this technology to become a technology company.”
Nvidia reset market expectations on gross margins after absorbing cost increases rather than continuing to defer the issue.
“This quarter we decided that we would rip the Band-Aid off, reset expectations about our gross margins, and just explain to people that in fact, we have now absorbed the cost increases,”