Nvidia CEO says 2024 will be “huge year.”
Jensen Huang, Nvidia's CEO, acknowledged that the demand for artificial intelligence chips is booming. According to reporters in Taiwan, he said that AI is a "rebirth of the industry" with this year as "a huge year."
According to Huang, "the single greatest challenge in AI…is scaling the capacity of AI. We are very severely supply constrained."
Nvidia leads the AI chip market with its favoured products among startups and big corporations. Its CUDA programming platform simplifies AI project development, offering tools for efficient parallel computations required for training models and serving customers.
Nvidia (NVDA.us) has started the year strongly and is 25% up for January, with a few days left of trading for the month.
Russell Shor
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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