Nvidia’s (NVDA) first-quarter results are in, and despite extremely high expectations from consumers and investors alike, the technology company’s results have managed to exceed them.
Nvidia had shining accomplishments to report across multiple segments of its business. With a 69% jump year over year to $44.1 billion that the company attributes to high interest in its Blackwell AI chips, as well as a whopping 73% rise year over year in data center sales where AI revenue sits, Nvidia’s stock is hurtling skyward.
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“Global demand for Nvidia’s AI infrastructure is robust,” Huang said during earnings. “AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate.”
As the technology sector continues to embrace AI, Nvidia is perfectly positioned to be at the forefront of that movement, giving the company a key advantage.
Related: Nvidia stock surges after earnings surprise
And now CEO Jensen Huang has revealed one of the ways he plans to continue that path. It’s a new partnership that makes perfect sense.
Nvidia CEO Jensen Huang shows off a Blackwell AI chip to the audience.
Image source: Morris/Bloomberg via Getty Images
Nvidia reveals a key to its future plans
In an interview with Bloomberg Technology, Nvidia CEO Jensen Huang revealed some of the company’s plans that are yet to come, including collaborative efforts that should make a lot of people sit up and take notice.
“We do a lot of business with Tesla and xAI. Elon is an extraordinary engineer,” Huang said. “We’re going to build many more computers together. His self-driving car, his Optimus robot, every single one of them world-class and revolutionary; The Optimus opportunity is just around the corner.”
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Huang continued with a vivid vision of the future that could be frightening to some and exciting to others.
“It’s very likely that humanoid robots are going to be robots we can deploy into the world relatively easily, and this is the first robot that has a chance to achieve the high volume and technology scale to advance technology,” he said. “I think this is likely the next multi-trillion dollar industry.”
Pushback against Musk and his projects
Huang is clearly referring to Musk’s Optimus, a robot that’s been in the works for years and has been shown in action doing some pretty amazing things.
The Optimus X account posted a new video on May 14 showing Optimus executing ballet-like movements and dancing to rhythmic techno music. While technically impressive-looking, some commenters were less than awed by the video.
“In short, Optimus can copy human movements without falling over, but that doesn’t mean it has the sensors or balance to do similar movements on its own without exactly replicating a human,” one analysis stated. “So, the technology is still far from being useful in a home setting.”
Musk has also garnered less public enthusiasm since aligning himself with the Trump administration this year. There’s been a public movement of people selling their Teslas in reaction, with the cars piling up at dealerships around the country.
Musk publicly stated on May 28 that he will go back to his businesses “24/7” and walk away from his work with the Department of Government Efficiency (DOGE). However, the Tesla CEO has a lot of work to do, starting with the EV company, which has taken a worrisome dip of 71% in profit since Musk turned his focus elsewhere.
Related: Tesla’s trending video isn’t impressing social media
