Nvidia (NASDAQ: NVDA) supplies the most advanced graphics processing units (GPUs) for developing artificial intelligence (AI) models. Many of the world's largest technology companies are spending boatloads of money to fill their data centers with those chips as they jostle for leadership in the AI race.

Nvidia CEO Jensen Huang emphasized the importance of the AI revolution in a recent interview and tried to minimized concerns that AI could take 100% of jobs.

Nvidia CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology.

Nvidia’s China sales currently accounts for around 15 percent of its total revenue—a drop from 26 percent two years ago.

Nvidia CEO Jensen Huang said Saturday that his company will balance legal compliance and technological advances under second Donald Trump term.

The increase in deliveries equals more good news: Nvidia said it's on track to beat its previous expectations for Blackwell revenue of "several billion dollars" in the fourth quarter.