[NVIDIA's Jensen Huang Says Chip Industry Unlikely to See 'Bubble Burst' in the Short Term] According to Axios, NVIDIA CEO Jensen Huang stated that although the semiconductor industry has historically experienced cyclical fluctuations, the current AI chip boom is 'unlikely to see a downturn in the short term.' He explained that this wave is not driven by traditional consumer demand but rather by an 'industrial-grade infrastructure upgrade' fueled by a 'paradigm shift in fundamental computing technology.' The world needs to build an 'AI intelligence layer,' requiring the semiconductor industry to expand to 5 to 10 times its current scale. He noted that the overall chip supply remains in a state of severe shortage. The report also mentioned that driven by demand for AI computing power, U.S. chip giant Intel saw its second-quarter revenue grow 25% year-over-year, marking its strongest growth rate in over 15 years.