Nvidia CEO Jensen Huang tells you what to believe and not to on all the AI bubble talk

Nvidia CEO Jensen Huang has once again addressed the topic of AI bubble. Recenty, Huang talked about the issue that whether artificial intelligence is moving towards a bubble reminiscent of the dot-com crash. Speaking at the 2025 US-Saudi Investment forum, Huang delivered a three-minute response that reframed the conversation. Instead of focusing on the market valuations, Huang argued that the investors are worried about a bubble may be overlooking the fundamental technological shift which is already reshaping global computing.

Speaking at the event, Huang started pointing to a structural constraint in computer science: the end of Moore’s Law, the decades-long trend of transistor density doubling every two years.