Nvidia CEO Jensen Huang's bullish outlook contrasts with recent signs of fatigue in AI-focused stocks and comments from industry leaders about overheated investor enthusiasm.

Nvidia Corp. NVDA-Q chief executive Jensen Huang on Wednesday dismissed concern about an end to a spending boom on artificial intelligence chips and said opportunities will expand into a multitrillion-dollar market over the next five years.

Despite Huang’s upbeat view on AI demand, shares of the chip designer clocked losses triggered by a tepid third-quarter sales forecast that excluded potential revenue from China. The stock was down 2.4 per cent at US$177.17 in early trading on Thursday.

Keeping China out of its forecast underscored the uncertainty caused by Sino-U.S. trade tensions despite Nvidia striking

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