FULL Q&A: Jensen Huang Drops Bombshells on AI Factories, Chips & Global Future | DWS News | AI14

Does that help or hurt you cause so much

in China?

>> Hello everybody.

>> Hi.

>> Hi everyone. Nice to see you. Welcome to

GTC.

>> Welcome to GTC.

>> Sir, did you approach the energy

department or did they approach you

about making this supercomput deal?

>> We are today we announced seven

supercomputers for the DOE. We're also

partnering with the DOE, eight of the

labs on quantum computing, quantum GPU

computing. And it's the the energy that

Secretary Wright has put into advancing

science for America is just really

incredible. Um but anyhow, the we worked

with each one of the labs individually,

but it's really Secretary Wright's

vision and his energy to want to advance

this and get it done so quickly that

that really made it possible. We're

building the largest supercomput for the

US government ever. 100,000 GPUs. I

haven't decided. Sir,

>> on the White House ballroom, can you

tell me what the strategy was on of

Nvidia donating to the White House

ballroom? And do you think that'll help

you with your China strategy, help you

with your issues in China?

>> We are so delighted to be able to

contribute in a small way to what is

clearly going to be a historic and

national monument. And so we're

delighted to do that.

>> You talk about re-industrializing the

United States, but a lot of this being

done with computers, now AI working.

What role do you see the American worker

playing? First of all, as you know,

we're moving manufacturing back into

United States. That's going to create

hundreds of thousands of jobs, chips,

systems, packaging, and that is

manufacturing our technology. We started

doing that and I delivered the first

wafer, the first AI chip wafer that we

built out of Arizona to the president

this last week, this week. And uh that

was a super super fun moment. But we're

going to build the entire supercomputer

here. Now, the supercomputers that are

built are then going to go into AI

factories. And those AI factories are

going to become new more manufacturing

jobs. And so, you know, President Trump

wanted manufacturing to be a corner

piece, a cornerstone of his

administration. And uh I was just so

happy to be able to to say that within 9

months, Nvidia has been able to move

manufacturing back into United States.

It's going to create lots and lots of

jobs. you announced

>> can you sure about the uh the progress

of the Taiwan headquarter because we

hear that this delay of the van issue

>> um there's some there's some discussions

about between the government and the

land owner I think I'm not exactly sure

what what the holdup is but we're

running we're out of offices in in

Taiwan and um uh we will have to make a

decision on where we going to put a

large building but we have a lot of

engineers

>> let's talk energy capacity so open AI

has called on the Trump administration

to add 100 gawatt of new electricity

production per year because China is far

outpacing the US. What do you make of

their call and can we beat China in the

AI race with our current electricity

output?

The United States is ahead in the AI

race and we have to stay ahead in the AI

race. President Trump on first day has

been very pro- energy growth. If not for

that proen energy growth perspective and

that initiative, we would be in big

trouble. There's no question about that.

Um, we need a lot more energy to sustain

uh the growth of American industries.

We're going to manufacture chips. We're

going to which needs energy. We're going

to manufacture systems that needs

energy. We're going to manufacture AI

that needs energy. So, we need a lot

more energy in the United States. And

I'm really really happy that President

Trump is all behind.

>> What do you think your relationship with

Trump has supported the company in terms

of, you know, being ahead of your

competitors? Do you think that President

Trump is picking winners and losers in

the tech space? All President Trump has

ever talked to me about is helping

America win. He wants America to win

here. He wants America to win all over

the world. He wants the world to be

using American technology. He wants

America to be rich. Almost everything

that he talks to me about is somewhere

in those in those in those uh uh pillars

of conversation. manufacturing,

leadership in AI, exporting, exporting

technology, making America rich. All of

that is 100% of our company. Jess, your

travel to

>> AP talk about the AI revolution. Should

American workers be bracing for more job

cuts from AI? And what can they do to

prepare for the future?

>> AI is going to change every job,

but

you're not going to lose your job to an

AI. You're going to lose your job to

somebody who uses AI. And so I would

advise everyone to engage AI. It is also

the case that for companies, every

company needs to use AI. We just we use

AI all over the place. It's made Nvidia

more productive. When we are more

productive, we make more money. We can

move faster. We could do more. And all

of those things just make the company

more successful. There's no question

United States has to be the most

advanced in using AI. We cannot be a

lagger. It's impossible that we are. We

must wake up and make sure that every

single company uses AI as much as

possible. It's going to make our

industry more successful, more

productive. You know that we have a

labor shortage, not the other way

around. If we have more labor

capability, whether it's robotic or AI

based, chatbot based, we're going to be

able to do more and the country will

grow. Jess, in your trip to Apac, so

with Apac meeting, do you think that you

have optimism over either the

president's meeting with President Xi or

your meeting with the president over the

ability to sell chips in China?

>> I have no expectations of this

particular meeting, but I have 100%

confidence in President Trump's ability

to cut a great deal for America and

whatever he decides to do that's in the

best interest in America, I'm all in on.

>> In Saudi, what's the license and

permission situation of the chips that

you did with Humane and the the the kind

of status of the other Gulf deals? Um

I'm not exactly sure where the status

is. I hope that it gets uh gets through

as quickly as possible. Uh some of the h

some of it has to do with uh equal

amounts of investment which the

president has been very clear about. We

will enable uh GPUs to be built outside

the country but they also need to invest

in GPUs being built inside the company.

I'm not exactly sure what the status of

that

>> access for your trip in China at this

point. Do you expect yourself to meet

Chinese officials while you're in South

Korea?

>> We are currently completely shut out of

China. Um the president has licensed us

to ship to China, but China has blocked

us from being able to uh ship to China.

I'm not exactly

>> We have Well, many of our many of many

of our chips have been licensed. Uh but

at the moment, we're not we're not

shipping in China. So So we've taken

China out of our forecast. We're

currently uh shipping zero dollars. Our

market share has gone from 95% to zero,

which is very very uh uh very

disappointing. Uh but nonetheless, we're

we're currently assuming China is going

to be 0% of our business. And if it

comes back, if President Trump was able

to negotiate um or if China would like

us to come back to to to China, um it's

going to be a huge bonus for us.

>> I I'll just Yes.

>> Um sir, you announced a new cloud today.

Your partners in the old cloud. How do

you think they're going to feel about

that? Especially in telecom.

The telecommunication network today is

essentially communications. It's not a

computing platform. It's kind of like

networking used to be back in the old

days. Cloud computing added computing

services on top of the network. We're

going to do the same. We're going to use

AI to make to revolutionize 5G and 6G.

And then on top of that, we're going to

use radios to deliver AI services for

robotics and industrial automation so on

so forth. I think it's going to be a

brand new growth opportunity for us

there. You know, this is a hund several

hundred billion dollar infrastructure

business and it needs to be reinvented.

So, this is a brand new growth

initiative for us.

>> Jensen, do you have any Blackwell

specific licenses from the US government

to sell to China right now and do you

expect to receive any?

>> Uh we we haven't asked for any. Uh we

just we're currently we just let uh let

the Chinese government, the United

States figure out exactly how we're

going to serve uh address China in the

future. But currently I'm assuming a

zero.

>> The president has said he wants to

congratulate you. Do you know what he

wants to congratulate you for?

>> GTC.

>> No. I I I Well, first of all, um I I

think I think he wants to congratulate

me for uh manufacturing United States.

That we did it at light speed. It took

us 9 months from the moment that

President Trump encouraged us to

manufacture United States to set up um

all of our manufacturing here. We've got

wafer manufacturing, packaging, system

manufacturing, and we're building AI

factories. And so that's going to create

lots and lots of jobs here in the United

States.

>> How many hours are you with him? Do you

fly tonight to go to see him or when do

you meet?

>> I'm going to fly sooner.

>> AI market. There are concerns that the

AI market is bubble waiting to burst.

What's your take on that?

>> There's a couple of things that I would

I would consider. Number one, um, before

there's AI, there's actually a more

fundamental computing platform

transition. As you might not know, but

Nvidia invented a new way of doing

computing called accelerated computing.

The old way, general purpose computing

on CPUs is giving way, making way to

Nvidia's accelerated computing on GPUs.

That's used for all kinds of

applications now. um and you know in

addition to AI not even including AI on

top of that we have the AI um ecosystem

going the second thing I'll say is is AI

is now profitable meaning it is now AIs

are now so good that they deserve to be

paid for instead of just being

interesting they're very productive

NVIDIA pays for a lot of AI and and uh

uh the company we use is Kurser we love

using it and so uh I think that because

it's profitable

The moment it becomes profitable and the

tokens are profitable, you're going to

make more capacity to generate more

token.

>> Are the

We understand those wafers in Arizona

still have to go back to Taiwan for

advanced packaging. How long do you

think it'll be before we're able to do

all that packaging in

>> several more months? We're going to do a

lot of packaging here in the United

States.

>> Power. You opened your keynote by saying

that you're going to power everything

with unlimited clean energy. Where are

you getting unlimited clean energy from?

in the beginning. Um first of all, no

matter what what's we're going to need

every single source of energy and fossil

fuel is going to have to be one of the

major one. Um uh power generation with

with uh uh power generation behind the

meter is going to be a very important uh

President Trump has been very

encouraging to enable companies to do

their own power generation and we'll

we'll we'll generate our own power and

maybe even rent it back to the grid. Um,

in the future there'll be nuclear and

and hopefully in the in the in the

future be fusion. And so all of that

technology needs to be invented today.

>> San Francisco on San Francisco. Sir,

sir, what's the next thing that you plan

to do to prevent crime in San Francisco

as part of your effort to keep the

president from sending federal troops

there?

>> Mayor Lurri is doing doing a fantastic

job and that's his 100% focus. Um I I I

connected to two of them uh because

Mayor Lori didn't know President Trump

and I'm delighted that they're

communicating.

>> You said AI is making great.

>> Where do you see the place of your

company in the AI competition between

China and US and AI the tech rivalry?

Where do you see your place?

>> Well, of course, of course, um America

is where AI was invented and and the in

our company was built here. uh and uh uh

it's our job to stay ahead and so we

just need to run as fast as we can. Um

China has incredible incredible people.

Uh there's STEM education is incredible,

the best in the world. Uh they have 50%

of the world's AI researchers. Um we we

uh have to respect the the capabilities

of China. We have to not be complacent.

We have to run as fast as we can.

>> Follow up on their jobs. What is your

message to American workers who worry

that AI will replace their jobs? one um

they I would tell them one we're going

to move manufacturing back into the

states. Uh we need a lot of mechanical,

electrical, plumbing, construction uh

skilled craft workers. We desperately

need that. Uh and and uh as as they many

of them know uh their their uh their

demand is very very high. It's great for

their salaries and I'm very happy about

that. And we just we need to we need a

much larger body of skill craft labor

here in the United States. So number

one, we're going to create a lot more

jobs. Second, uh AI is so smart that

anybody can do so. And if you don't know

how to use AI, just ask AI, how do I use

you? Uh I have this, you know, whatever

it is that I would like to do, teach me

how to use AI to solve that problem, and

I'll teach it to you. And so the the

important idea is that AI is the world's

best technology has closed the

technology gap so that everybody could

be empowered by technology for the first

time. Until now, it was really only my

generation that was able to and people

who knew how to program software and

design computers benefited from the

technology capability of computing. But

now everybody will benefit from it. So

take advantage.

>> Jens, where are we in the lab? Where are

we in the labor displacement cycle? uh

given that a lot of people looking at

the Amazon announcement and kind of

worried about that happening already

right now

>> I I don't know what their current

circumstance is but my belief is that

everyone's jobs will change because of

AI my job has changed because of AI so

every job will be uh affected if you

will however remember um it is very

likely that AI is going to help you

become more productive more successful

and ensure that you keep your job and um

uh whether it's your job or your

company. I would definitely encourage

everybody to use AI. You're not going to

lose your job to you're not going to

lose your job to AI. You're going to

lose your job to somebody who uses AI

>> on partnership. How many new ones

factory in Taiwan? Because we have a

Foxcon or TSMC.

>> Uh we're partnering with Foxcon to build

AI factory in Taiwan. Taiwan needs a

whole bunch of AI factories. Every

country needs AI factory and and so

Taiwan is uh was uh was um uh forward

thinking and recognizing that it needs

to build AI factory for all their their

researchers and companies and you know

startups and I'm delighted by the work

that we're doing with Foxcon

>> on partnerships. Sir, do you know how

many new partnerships you announced

today and can you rattle them off? Uh I

well I can tell you this we introduced a

brand new you know Nvidia is really

about computing platforms and uh about

10 12 years ago I announced the

computing platform that led to today's

AI and so today I announced a computing

platform for uh quantum called CUDAQ and

MVQLink. Uh I introduced a new computing

platform for robo taxis called Hyperion.

I introduced a incredible

uh tele wireless telecommunication

computing platform that's called ARC and

so I introduced several computing

platforms and and then our enterprise

computing platform with uh Palunteer and

with Crowdstrike Palanteer the fastest

growing enterprise software company in

the world SAS company in the world and

crowdstrike incredible cyber security

company in the world so so I in whenever

we introduce a new platform

computing platform. We need partners to

take it to market.

>> Vincent, what's your total value of your

contracts with the DOE announced today?

Do you have a total dollar figure for

all seven?

>> I I haven't, but it's a lot. Um, and the

reason for that is because we're

building the the largest AI

supercomputer for the DOE. And so, um,

that's going to have 100,000 GPUs. Uh,

there's six other supercomputers that

we're building. Not to mention all the

supercomputers have been connected to

the quantum systems for all the labs.

AMD announced yesterday they were they

were also working with the department of

energy lux and discovery. How will your

supercomputers compare to those that

were yesterday?

>> You know we're a larger company and um

that's so sensible that this is an area

that obviously we're very good at. The

systems that we're building are much

much larger and we're building a lot

more and and uh and of course for all

the labs uh the quantum quantum systems

that we're building are quite unique.

Jensen is going to supply chips to

Samsung and Hyundai as well.

>> Uh we're partnering with Samsung and

Hyundai in many ways. Uh their two

companies are going to invest in AI

factories. Uh every company that

manufactures today will need to

manufacture intelligence in the future.

And so for example, one of my favorites

uh and Elon is very early in realizing

this. He manufactures cars, but he also

manufactures AIS for the cars. Next he's

going to manufacture robots but he has

to manufacture the AI for the robots. So

in a lot of ca in a lot of ways the way

to think about that is every

manufacturing company in the future will

have two manufacturing systems. One to

build the machine and the other to build

the AI that powers that machine.

Caterpillar is another perfect example

that we announced today. And so really

>> I'm sorry. Is there a new deal that you

plan to announce in South Korea with

those two companies? But if I announce

it today,

>> Jensen is your favorite what's your

favorite AI?

>> My favorite AI um I use uh Chad GBT

Gemini Grock and um I ask them for

second and third opinions

>> and what's your best prompt? What's your

favorite prompt? My favorite prompt is

when I load a whole bunch of research

papers into into the into the AI and I

come up with a a a rough outline of the

type of, you know, uh research that I

would like to do and a whole bunch of

questions. And so I'm fairly rigorous in

setting up the the AI to succeed and it

comes back with a fairly detailed report

and and it's that's really really quite

successful.

>> Why is the AI boom different than the

dotcom bubble for those that might be

skeptical? Um uh the AI boom well first

of all AI many of the AI companies are

already the fastest growing companies

ever in history. I think OpenAI is the

one of the fastest growing companies in

history. Their revenues was suggested

cursor is one of the fastest growing

companies in history. Um the list goes

on and so so these companies are

generating real revenues and and the

tokens that they generate they're

investing really uh really quite

significantly. So maybe the company's

not profitable, but the AIs that they're

selling, the AIS that they're licensing

is completely profitable. And that's a

big deal. The fact that the product that

they're offering to the marketplace is a

profitable profitable product. That's

the reason why they all want to scale

because if you manufacture something

with profit, you want to manufacture a

lot more of it.

>> President Trump, is there anything you'd

like to foreshadow with us on what your

big ask will be? What you will discuss

with him? Obviously, you'll discuss

China and some of your market issues. Is

there anything else you can share with

us and what you plan to ask for?

>> Um, no.

>> How far behind is the grid from where

you need to be for demand in terms of

electricity? We talked to a lot of grid

operators. They say,

>> remember AI doesn't care where it goes

to school? Okay.

>> And so, we could put AI behind the grid,

behind the meter. And so, we we ought to

generate power as much as we can. Um, we

ought to use sustainable power as much

as we can. We're going to use power of

all kinds, whatever is available. uh it

doesn't have to be on the grid. Now,

it's also the case that putting these

factories on the grid, sharing the grid

will be helpful to the grid uh long

term. And so, because we're these power

uh generators going to generate enormous

amount of power, we could rent it back

into into um uh into the grid when the

the grid needs it.

>> Would it be just the beginning of AI's

impact on the workforce?

>> Yeah, and obviously it is. And I think

the uh uh we are we are at the very

beginnings of uh the AI journey as

useful AIs are now being adopted all

over the world. It's really terrific to

see um AI being helpful in healthcare.

In fact, healthcare is one of the

fastest adopting industries in AI. Um

it's terrific to see that AI is going to

be adopted in autonomous vehicles and

mobile taxes. It's really happening

there. Um obviously in in software

development and all the all of the work

that Nvidia does we use AI you know

pervasively and so and really deeply and

so um AI is now industry by industry by

industry starting with the most

important ones really taking off

the process of building black wall

manufacturing in the US that you think

the tech industry and the white house

needs to understand as it wants to do

more techniques. I learned that America

needs a very substantial increase in

skilled labor workforce. Um mechanical

engineers, electrical engineers, um

electricals and plumbing and carpenters

and construction and um the skilled

craft uh labor force in the United

States uh is about to get a giant boom

in amount of business opportunity and

growth opportunity and I'm really happy

about that. Um, you know, look, I I I

went to college and and um and I was

very fortunate to have done that and I

chose to do that. But there's a lot of

wonderful lives and wonderful

professions that could be had uh where

people don't don't go to college and

they would just like to dedicate the

skill craft. I think that America needs

to honor to um celebrate uh people who

uh dedicate themselves to the skill

craft part of the ecosystem. Without

them making beautiful things and

wonderful things, you know, how would we

be able to enjoy life? And so everything

in the world doesn't have to be about

typewriting, don't you think? Which is

my job. You know, everything doesn't

have to be about software. You know,

there's a lot of wonderful things that

needs to be built. And I I'm really

grateful for all of the work that the

Arizona workers and the Texas workers

and the Indiana workers in helping us

stand up all that manufacturing in just

a few months.

>> You're traveling to South Korea

tomorrow. What kind of partnership do

you expect uh between Nvidia and uh

Korean company like Samsung and SK

Samsung SK XK uh Hyundai LG neighbor if

you just look across the entire Korean

ecosystem every one of the companies are

deep friends of mine and very good

partners and so uh when I go hopefully

we'll have some announcements that that

will be really really delightful uh to

to the people of Korea. and really

delightful to President Trump and and uh

but I'll save it for a few more days if

you

>> after. We will go to Taiwan after

>> or China.

>> Um

>> you're

telling

anytime soon?

>> I can't tell you. just

>> I would maybe the answer is I I always

love going to Taiwan and and it always

makes me happy and so I'm looking

forward to to going to Taiwan. I always

love going to Korea. You know, you know,

people don't know this, but a long long

time ago, Nvidia's core business, the

the first business we invented was video

games. And Korea was the first country

to embrace Nvidia in video games. the PC

bong, the I cafe and esports all

completely invented in Korea and so I'm

really quite looking forward to my trip.

>> So just what guides you this in

navigating the geopolitics which has

become very very tricky and do you think

now has come to a time for tech

companies to choose a side between China

and US?

>> Um look we want America to win. That's

we want America to succeed. We want

America um to be a great country. That

doesn't mean uh we're anti- anybody

else. It doesn't we don't have to

choose. And and so we're American

company. We're a proud American company

and Nvidia is here and we have every we

have every right to want Americans to be

successful and so so and we do um with

what was your first question?

>> What right in in politics?

>> The the important thing to realize is

that technology matters deeply in

politics and geopolitics. And the reason

for that is because technology is one of

the largest industries in the world.

It's one of the most important

industries in the world and it affects

literally every single industry. And so

it's it it makes it sensible that uh

policy makers and leaders in Washington

DC needs to be informed about uh the

technology and my job is I'm guided by

simply that informing them about

technology informing about the dynamics

of the technology industry and um uh and

help them understand the the potential

uh intended or unintended consequences

um of various policy decisions. That's

my job is just to inform.

>> Justin, why hasn't Nvidia sought

licenses yet for approval of the black

belt of China?

>> Uh we haven't we haven't sought it

because um China hasn't decided China

wants us to go back to China. You know,

we can only serve China and China wants

us to be there and they've made it very

clear that they don't want the video to

be there right now. And for whatever

reasons, um uh I hope that will change

in the future because I think China is a

very important market. There's a lot

there's as I mentioned earlier amazing

uh AI developers, amazing engineers in

China and we can only succeed if the

developers of the world software and AIS

were to be built on top of American tech

and so so I hope that we have an

opportunity to go back and and serve the

market. We've been in China for 30 years

and um for whatever reason they decided

that they don't want to stay right now.

and hope they decide to change that. But

in the meantime, in the meantime, um

we're patient and uh we're learning

about what they're concerned about, but

we'll do our best to to address this.

>> Jason, did you talk about the dinner

with Young Will yesterday?

>> Uh Young is a great partner because

we're building an incredible factory

together. Um factories together. The

factory that we're building here in in

uh Texas is going to be completely

robotic. The factory is robot robotic.

It's going to have it's going to

orchestrate a bunch of robots inside and

uh and all the robots going to be

working with each other and with people

and and so uh it's going to this factory

is going to build AI supercomputers and

so Young and I saw each other yesterday.

I thanked him for all the work that he

did and we're just excellent partner.

He's an amazing amazing leader.

>> Okay, am I done?

>> Thank you everybody.

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