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NVIDIA Ramps R&D to $7 Billion as AI Designs Its Chips

Original: Jensen Huang Says NVIDIA Uses AI to Design Better Chips as Research Spending Jumps 64% to $7 Billion

NVIDIA CEO Jensen Huang said the company is using artificial intelligence to help design its next-generation chips, as research spending jumped 64% to $7 billion. The announcement highlights how AI tools are being applied inside NVIDIA's own chip development pipeline at a time of surging demand for its processors and intense competition in the semiconductor industry.

Why now: Investors and tech watchers are closely tracking NVIDIA's spending and strategy amid the AI boom and competition in chip design.

Jensen HuangNVIDIA

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