Nvidia, the world's most valuable company with a market capitalization of $4.39 trillion at the time of writing, beat revenue expectations for its fiscal second quarter, reporting sales of $46.74 billion on Wednesday after market close.
Nvidia posted that data center revenue was up 56% from a year prior, reaching $41.1 billion.
The company's longtime CEO, Jensen Huang, told Fox Business Network's The Claman Countdown on Thursday that AI, which Nvidia is advancing, would cause "some jobs" to disappear but result in new jobs becoming "invented."
"One thing for sure, every job will be changed as a result of AI," Huang said.
Nvidia CEO Jensen Huang. Photo by Wan Quan/VCG via Getty Images
Huang also told Fox Business that he expects the economy to be doing "very well" in the futu