On Wednesday, September 11, Nvidia CEO Huang Renxun gave a s...

On Wednesday, September 11, Nvidia CEO Huang Renxun gave a speech at the Goldman Sachs Communacopia technology conference, saying that the company's AI (artificial intelligence) chips are becoming the hottest commodity in the technology world, and user demand for Nvidia chips is "incredibly high" and limited The supply has triggered fierce competition: "Our customers may be emotional right now. This is understandable, the situation is tense. We are doing our best to deal with it." Huang Renxun's speech had a strong boost to the market. NVIDIA's stock price rose in response, rising 8.15%, the largest increase in six weeks, with a total market value of US$2.87 trillion. Driven by Nvidia, the semiconductor sector generally rose. The Philadelphia Semiconductor Index rose by more than 5%, ARM rose by more than 10%, Broadcom rose by more than 8%, and TSMC rose by more than 4%. In addition to Huang Jen-Hsun's speech to inspire investors, there was news that day that the U.S. government was considering allowing Nvidia to export advanced chips to Saudi Arabia, further driving up the company's stock price.