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On the 24th (local time), U.S. chip behemoth NVIDIA convened its annual shareholders' meeting. During the proceedings, CEO Huang Renxun underscored the advent of practical AI and its profitability. He likened AI data centers to factories that "churn out tokens"—tokens that can be seamlessly transformed into code, answers, designs, actions, and services, with each token symbolizing a tangible profit. Huang Renxun stressed that while NVIDIA's systems may not boast the lowest purchase price, they excel in delivering the lowest token cost, highest token throughput, and maximum revenue generation.
Furthermore, he forecasted that "physical AI" will spearhead the next wave of growth. In a move to enhance shareholder value, NVIDIA has outlined its intention to distribute 50% or more of its free cash flow to shareholders this year, next year, and beyond.
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