Nvidia CEO Jensen Huang rips ‘the Band-Aid off’ as AI chip giant resets expectations
Nvidia CEO Jensen Huang defended his decision to "rip the Band-Aid off" on the company’s gross margins as the chip giant continues to power some of the world’s most advanced artificial intelligence models.The CEO addressed reports of potential 15% price hikes while touting the company’s job creation as Nvidia employs roughly 42,000 people worldwide."This quarter we decided that we would rip the Band-Aid off, reset expectations about our gross margins, […]