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On September 11th, NVIDIA CEO Huang Renxun expressed the huge demand for AI chips in the market, stating that he will expand production capacity in the fourth quarter. Once again boosting market confidence, Nvidia surged 8%, with a market value increase of $250 billion, the largest daily increase in six weeks. The Nasdaq also stopped falling and turned to rise under Nvidia's push, closing up over 2%. During a technology conversation organized by Goldman Sachs, Huang Renxun told David Solomon that there is strong demand from customers for the latest generation of Blackwell chips, and Nvidia will expand production capacity in the fourth quarter.
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