Why Jensen Huang just joked that he's the 'chief revenue destroyer'

The CEO of Nvidia, Jensen Huang, made the following other significant announcements during Tuesday’s GTC conference. Conversely, Jensen Huang, the CEO of Nvidia, a business with a market valuation of around $3 trillion, referred to himself as the Chief Revenue Destroyer. At the GTC conference, which he called “the Super Bowll of AI,” Huang presented a range of technologies aimed at accelerating the creation of humanoid robots. On the day that Nvidia CEO Jensen Huang appeared at the GTC conference, the company’s stock, which has lost almost 14 percent so far this year, dropped 3.4%. Nvidia has dropped 25% from its peak. Speaking on CNBC, Bernstein Research Senior Analyst Stacy Rasgon stated that the company is not currently showing any indications of vulnerability. Huang has provided a plan for the introduction of new products, and the capital expenditure program appears to be effective.