Nvidia CEO forecasts huge AI revenue and defends company's strategy

Nvidia CEO Jensen Huang made several major announcements at the company's AI conference. He forecast that AI-driven orders could reach $1 trillion by 2027 and identified Samsung and SK hynix as key partners for supplying memory chips.

Huang also defended Nvidia's technology against critics, stating they were "completely wrong," and downplayed investment risks in new cloud services. Meanwhile, investor Howard Marks argued that the market is still underestimating the long-term impact of artificial intelligence.