AI-generated videos to drive more demand for Nvidia chips, CEO Huang says

NVIDIA’s CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023. REUTERS/Edgar Su/File Photo

(Reuters) -For chip designer Nvidia, the generative artificial intelligence boom is a gift that keeps on giving.

After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors.