Investing.com – Shares of NVIDIA Corporation (NASDAQ:NVDA) rose 1% after business hours on Wednesday after CEO Jensen Huang said demand for its Blackwell product is “insane.”
“Blackwell is at full production, Blackwell is going as planned and demand for Blackwell is crazy,” Huang said on CNBC’s Closing Bell Overtime Wednesday afternoon. “Everyone wants the most, and everyone wants to be first.”
Huang was on CNBC with Julie Sweet, CEO of Accenture (NYSE:ACN), to discuss their expanded partnership. This includes Accenture’s creation of a new NVIDIA Business Group to help companies around the world rapidly scale their AI adoption.
“We are entering significant new territory with our partnership with NVIDIA, empowering our customers to lead the way in using generative AI as a catalyst for reinvention,” Sweet previously said in a statement about the partnership. “Accenture AI Refinery will create opportunities for companies to reinvent their processes and operations, discover new ways of working, and scale AI solutions across the enterprise to drive continuous change and create value.”
“AI will boost companies to scale innovation at greater speed,” Huang said. “NVIDIA’s platform, Accenture’s AI refinery and our combined expertise will help companies and countries accelerate this transformation to drive unprecedented productivity and growth.”
Shares of NVIDIA rose 1.6% in Wednesday’s intra-day session and are up 136% this year.
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