Nvidia's Huang says AI computing demand is up 'substantially' in the last 6 months

Jensen Huang, the CEO of Nvidia, recently shared insights on the remarkable increase in demand for AI computing over the past six months. According to Huang, the evolution of artificial intelligence models has transitioned from merely addressing straightforward queries to engaging in intricate reasoning tasks. Speaking on CNBC's "Squawk Box," he emphasized, "This year, particularly in the last half, there has been a substantial uptick in computing demand." His remarks came in response to frequent inquiries from investors about the company's performance and prospects. Following Huang's optimistic outlook, Nvidia's stock saw a rise in premarket trading, reflecting investor confidence in the company's future in the AI sector.