Will AI Companies Generate Enough Revenue to Continue the Build-Out? Here's What Nvidia CEO Jensen Huang Says.

AI stocks crashed in October amid concerns that Anthropic and OpenAI may not generate sufficient revenue to fund their AI infrastructure commitments. However, Nvidia CEO Jensen Huang argues the market reaction is overblown, noting that frontier labs represent only 25-35% of chip demand, competition is driving Anthropic's slowdown rather than overall AI spending decline, and multiple companies across sectors are investing heavily in AI.