Huang's joke at Nvidia's big AI conference this week highlights potential billion-dollar impacts on tech giants like Microsoft, Google, and Meta.

Nvidia's new Blackwell AI chips surpass their previous Hopper models, rapidly depreciating the value of older GPUs. This quick technological advancement may negatively impact major cloud companies like Amazon,

Nvidia CEO Jensen Huang said on Tuesday the company was well placed to navigate a shift in the artificial intelligence industry, in which businesses are moving from training AI models to getting detailed answers from them.