Huang announced a new expanded partnership with General Motors as carmakers look to advance autonomous driving initiatives.

However, at a time when Nvidia is trading at a substantial discount to its all-time high on concerns about macroeconomic growth, questions about the impact from DeepSeek, and some doubts about the return on investment from AI spending, Huang gave a key forecast that should reassure investors in Nvidia and the rest of the AI sector.

Jensen Huang, Nvidia's CEO, envisions companies as 'AI factories' churning out millions of tokens. This is what he's talking about.