WHEN: Today, Wednesday, March 19, 2025
WHERE: CNBC’s “Mad Money with Jim Cramer”
Following are excerpts from the unofficial transcript of a CNBC interview with NVIDIA Founder and CEO Jensen Huang on CNBC’s “Mad Money” (M-F, 6PM-7PM ET) today, Wednesday, March 19.
All references must be sourced to CNBC.
HUANG ON AI SUPERCHARGING
I think we’ll be talking about how AI has supercharged every single one of us to be more brilliant, to do things more easily. I think we’re going to be reminiscing about how quaint it was back in the old days when these robots were just being made and they were stumbling around. And now look at them.
HUANG ON AUTONOMOUS CARS
I think it would be funny to see a robot actually sitting in the driver’s seat driving us. Sure, why not? If a car could learn how to drive, of course a robot will also learn how to drive a car. And maybe those old cars would become autonomous with a robot driving it and all the new cars will be fully autonomous.
HUANG ON INVESTMENT IN AI
If you compare this year to last year, the amount of capital expense they are putting into the AI infrastructure is much, much higher. The reason for that is because they make more money. The goal of making intelligence, who doesn’t want to produce intelligence? We all want to produce intelligence. Every company produces intelligence in our own special way and now we have these factories that help you build intelligence and produce intelligence. Every company wants it.
HUANG ON U.S. INVESTMENT IN AI INFRASTRUCTURE
We should at least build the AI infrastructure so all of our scientists in the United States can use the AI infrastructure and however it comes about, whether there is a strategic reserve, but the country needs to invest in an AI infrastructure.
HUANG ON DEEPSEEK
R1 DeepSeek was a fantastic thing and the reason for that is because R1 is the first open source reasoning model. What makes R1 incredible is that it reasons. That’s why the answer is so good and it breaks the problem down step by step. It asks itself while it’s thinking, it comes up with several different options for the answer.
HUANG ON PARTNERSHIPS
Right now, we have – we are $150 billion of AI infrastructure into trillions of dollars we have to go build. And so, we have partnerships with BlackRock and Microsoft and we are going to go get the supply chain and the infrastructure ready upstream as well as downstream.
HUANG ON ENTERPRISE BUSINESS
HUANG: What we announced yesterday is that we are going to take AI infrastructure into two new industries. One is enterprise IT. Half of the world’s CapEx is in enterprise. Enterprise is how, you know, how the economy –
CRAMER: It’s not consumer people, it’s enterprise –
HUANG: It’s not consumer side. That is enterprise. And it’s the IT department of enterprise. So we have to help them integrate AI into the world’s companies.
HUANG ON BEING THE FOUNDATION FOR THE WORLD
HUANG: We now have to build AI infrastructure for three industries. For the cloud, for enterprise IT, and for robotics.
CRAMER: Well, in the end that’s the world.
HUANG: Yeah, we are going to be the foundation for the –
CRAMER: The world.
HUANG: The world, hopefully, yeah.
HUANG ON COMPUTING CAPEX
The world’s computing CapEx is on its way to a trillion dollars annually by the end of the decade. So, we are fairly certain of that. We are also very certain that the vast majority of that will be used for AI. And so, our opportunity as a percentage of a trillion dollars by the end of this decade is quite large.
For more information contact:
Jennifer Dauble
CNBC
t: 201.735.4721
m: 201.615.2787
Stephanie Hirlemann
CNBC
m: 201.397.2838
