NVIDIA CEO Huang Renxun optimistic about the blockchain: May cryptocurrency become a GPU driving force

Beijing morning news on March 30th, although chip maker Nvidia's share price fell due to support for cryptocurrency mining, Jensen Huang, the company’s founder, president and CEO, did not hope Encryption boom quickly retreats.

Recently, he visited the American CBNC popular financial program Mad Money, and talked about the cryptocurrency, auto driving cars, Nvidia's graphics card business and other topics.

'The cryptocurrency will also exist, On Thursday, Huang Renxun said in an interview with the host Jim Cramer: 'It has the ability to allow the world to complete exchanges with very low friction, at a very low cost, and will exist for a long time.'

Huang Renxun’s company is not only a chip manufacturer, but is now more like an all-embracing computing company. It mainly produces high-performance graphics processors, or GPUs. Nvidia has been leading the wave of cryptocurrency popularization and it only caught the attention of Wall Street analysts a few months later. Immediately lower.

"The blockchain will be around for a long time and is expected to be a new form of computing," Huang Renxun told Kramer. "I look forward to the blockchain and hope that cryptocurrencies will become an important driver for GPUs."

Huang Renxun admits that Nvidia's processors are capable of being 'perfect' in terms of the mining of bitcoin and other cryptocurrencies.

This is why our GPU is so popular in the field of cryptocurrencies. Our GPU supports the world's largest distributed supercomputing ,' Huang Renxun explained.

'The blockchain needs to be encrypted, the public bill is completely immutable, absolutely secure, distributed all over the world,' he continued. 'Our processor is perfectly adapted to the needs of the supercomputing power so that it can be distributed, and this is it The reason used.'

However, even if the encryption boom has fueled the market's demand for GPUs, Huang Renxun stressed that it is far from becoming a growth driver for Nvidia.

The CEO of NVIDIA said that most of the company’s growth came from the video game business, professional graphics visualization, multi-billion-dollar data center business, and it has entered the self-driving car business.

'The game will become a bigger business, the data center will be bigger, and our professional graphics business will also become bigger. Of course, in the future, all the moves will be autonomous and we will have the autonomy. This will be A bigger market,' Huang Renxun said.

'The cryptocurrency just added a little tempting power to all of this, creating such a huge demand for all of our GPUs. But I think in the long run, our fourth growth driver will make Nvidia bigger than today. 10 times. '

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