Published: 26 February 2026
What happened: Nvidia CEO Jensen Huang told Fox Business that the AI boom is "just getting started", describing current infrastructure investment as a fraction of what the world will eventually need. He predicted roughly a decade of sustained buildout ahead, with AI set to be "everywhere".
Why it matters: Huang's public forecasts carry significant weight — Nvidia's chips underpin the majority of AI training infrastructure globally, and his comments reinforce the case for continued capital expenditure from hyperscalers and enterprises alike.
Wider context: Huang also addressed the China market directly, stating that Nvidia has guided to zero Chinese revenue this quarter following US export controls, but called the decision to lock US companies out of that market "surely proven to be the wrong decision." He said Chinese AI capabilities are largely homegrown and concerns about US-chip reliance are "poorly placed."
Background: On the workforce question, Huang said AI will make some jobs obsolete while creating many new ones — particularly in trade and manufacturing as US infrastructure is built out. He also predicted 2026 will mark "a pretty big breakthrough for artificial general intelligence", citing growing enterprise adoption as evidence.
NVIDIA CEO says artificial intelligence boom is just getting started: 'AI is going to be everywhere' — Fox Business
Singularity Soup Take: Huang's confidence is well-founded and commercially convenient at once — Nvidia sits at the centre of every AI infrastructure trend he's describing, so take the bullishness as signal and sales pitch in equal measure.
Key Takeaways:
- Decade of Buildout: Huang says we are at the "beginning of probably about a decade of buildout" and that current compute capacity is far below what the world will ultimately need.
- China Revenue at Zero: Nvidia has guided for zero Chinese revenue this quarter under current export restrictions, though narrow customer licences have been approved and Huang expects more business to follow.
- Controls May Backfire: Huang called blocking US companies from China "surely proven to be the wrong decision", arguing China's AI industry is largely self-reliant and doesn't depend on American technology.
- AGI Breakthrough in 2026: Huang predicted this year will bring "a pretty big breakthrough for artificial general intelligence", with enterprise AI adoption visibly accelerating.
- Jobs Picture: Some roles will become obsolete, but many new ones — especially in manufacturing and trade skills — will be created as US AI infrastructure is built out domestically.