In an exclusive interview on FOX Business, Nvidia founder, CEO and President Jensen Huang expanded on "the big idea" behind the artificial intelligence (AI) boom, what it means for human jobs and the company’s plan to ramp up its chip production.

The chip maker’s blowout quarterly report was good enough to support the stock but not provide another leg to its stunning rally.Nvidia shares were down 2.5% at $143.04 in morning trading on Friday. The stock rose 0.

The more AI is adopted, the more important inference will become. Mr Huang says that Nvidia’s previous generations of GPUs can be used for inference, but that Blackwells will make performance dozens of times better. Already at least half of Nvidia’s ...