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[Fortune] Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals (fortune.com)

submitted 1 month ago by Eyekaytee@aussie.zone to c/worldnews@aussie.zone

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https://archive.md/ZkdTg

Huang said expectations around Nvidia have become so extreme that Wall Street now sees danger in both directions.

“If we delivered a bad quarter, it is evidence there’s an AI bubble. If we delivered a great quarter, we are fueling the AI bubble,” he told employees. “If we were off by just a hair, if it looked even a little bit creaky, the whole world would’ve fallen apart.”

He referenced online memes that jokingly describe Nvidia as the linchpin of the global economy and the only thing standing between the U.S. and recession.

“Have you guys seen some of them?” he asked employees. “We’re basically holding the planet together—and it’s not untrue.”

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[–] notgold@aussie.zone 1 points 1 month ago* (last edited 1 month ago)

I wouldn't say they are the most important company in the world but they are the most important canary for an AI bubble that is a huge share of USA GDP.