Investing.com — NVIDIA Corporation (NASDAQ:NVDA) stock rose 1% in after-hours trading Wednesday after CEO Jensen Huang said demand for the company’s Blackwell products was “insane.” did.
“Blackwell is in full production, Blackwell is on schedule and the demand for Blackwell is insane,” Huang said on CNBC’s Closing Bell Overtime Wednesday afternoon. “Everyone wants to be the best, and everyone wants to be the best.”
Hwang appeared on CNBC to discuss expanding the partnership with Accenture (NYSE: ACN) CEO Julie Sweet. This includes the creation of Accenture’s new NVIDIA Business Group to help companies around the world rapidly scale their AI adoption.
“We are breaking important new ground with our partnership with NVIDIA, allowing our clients to be at the forefront of using generative AI as a catalyst for reinvention,” Sweet said in a statement about the previous partnership. said. “Accenture AI Refinery creates opportunities for companies to reimagine processes and operations, discover new ways of working, and extend AI solutions across the enterprise to drive continuous change and create value.”
“AI will give businesses more acceleration and scale innovation faster. The combination of NVIDIA’s platform, Accenture’s AI Refinery, and our expertise will help businesses and nations accelerate this transformation and create unprecedented “It helps drive productivity and growth,” said Huang.
NVIDIA stock rose 1.6% in intraday trading on Wednesday and is up 136% year-to-date.
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