Nvidia CEO Says AI Computing Demand Is Skyrocketing as Rubin Vera Chips Enter Full Production
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Surging Demand: Nvidia CEO Jensen Huang highlighted that AI models are growing tenfold each year, leading to skyrocketing demand for computing power, which significantly boosts the demand for Nvidia's GPUs and is expected to enhance the company's market share.
- Bitcoin Miners Transition: The surge in AI demand may accelerate Bitcoin miners' shift towards AI computing services, allowing them to repurpose existing infrastructure for new revenue streams, thereby enhancing their business diversification and risk resilience.
- Chip Production: Nvidia's next-generation Rubin Vera chips have entered full production, promising up to five times the AI computing performance of previous generations, further solidifying the company's leadership in the AI sector.
- Earnings Boost Market Sentiment: Nvidia's third-quarter revenue reached $57 billion, exceeding Wall Street's $54.7 billion forecast, acting as a catalyst for renewed optimism in the crypto and tech markets, showcasing the company's robust performance in the industry.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






