The artificial intelligence market is heading towards trillion dollars

Jinsen Huang, CEO of Envenia, rejected concerns about the end of the upbringing boom on artificial intelligence chips, stressing that the opportunities will expand to the dollar trillion market during the next five years.

Despite optimism, the company’s shares decreased by 1.56 % to 178.77 dollars in pre -marketing trading, due to the disappointment of investors from the third quarter sales expectations that excluded potential revenues from China, in light of the trade tension between Beijing and Washington. Dollars on artificial intelligence infrastructure by the end of the contract, but analysts see that Huang’s optimistic statements contradict the indicators of slowdown in artificial intelligence shares, noting that the exaggerated enthusiasm from investors may be temporary, and that the market will need time to accommodate this great technological expansion.