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Nvidia founder tells Taiwan graduates to seize the ‘golden opportunities’ of the AI revolution, which has only just begun

  • Nvidia has recently surged to become the most valued chip company in the world, exceeding Taiwan Semiconductor Manufacturing Co
  • Jensen Huang Jen-hsun told NTU graduates that every industry will be revolutionsed by current AI breakthroughs

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Nvidia founder tells Taiwan graduates to seize the opportunities of AI. Photo: AP

Nvidia founder and CEO Jensen Huang Jen-hsun told 2023 graduates of the National Taiwan University (NTU) that they should seize the “golden opportunities” of an artificial intelligence (AI) revolution, with the technology set to change every business.

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“While some worry that AI may take their jobs … AI will create new jobs that didn’t exist before” such as data engineering, prompt engineering and AI safety engineers, Huang, an honorary doctor of NTU since 2020, said in a commencement address in front of about 10,000 students at the university in Taipei on Saturday. “In every way, this is a rebirth of the computer industry. And a golden opportunity for the companies of Taiwan,” he said.

“Just as I was with the PC and chip revolution, you’re at the beginning, at the starting line of AI. Every industry will be revolutionised,” said Huang.

He encouraged the students to “run” hard and seize opportunities from the AI revolution. “Whatever it is, run after it like we did. Run. Don’t walk. Either you’re running for food, or you are running from being food.”

Nvidia has recently surged to become the most valued chip company in the world, exceeding Taiwan Semiconductor Manufacturing Co (TSMC), with its key products, such as H100 graphic processing units (GPUs), in hot demand as interest in AI ramps up.

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Huang’s speech came after Nvidia last Thursday posted net profit of more than US$2 billion and US$7 billion in sales in the first quarter of its 2024 financial year, both higher than industry estimates.

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