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Nvidia, Priceline, Synopsys CEOs & more: C-Suite Insights

Yahoo Finance sat down with top executive across a variety of industries, including travel, retail, and tech. Here are some of the key moments: Priceline CEO Brett Keller (00:00:04) Priceline CEO Brett Keller talks about the state of the consumer in the travel industry. Keller notes the continual prioritization of travel by the consumer, as pullbacks have been seen in other areas like commodities and hard goods. “Travel still seems to be healthy and moving forward.” Keller explains that “you’ll see suppliers start to really pull their prices back, which will open up more travel opportunities, more deals for consumers.” Priceline.com is a subsidiary of Booking Holdings (BKNG). Amer Sports CFO Andrew Page (00:00:29) Amer Sports (AS) CFO Andrew Page discusses the state of the consumer as the company’s first-quarter earnings results beat on revenue estimates and came in line with adjusted earnings per share expectations. Page notes that “the consumer is getting more healthy,” “sentiment is getting stronger,” and “consumers continue to be pretty resilient.” U.S. ​​Secretary of Transportation Pete Buttigieg (00:00:53) U.S. ​​Secretary of Transportation Pete Buttigieg discusses “one of the side benefits” for travelers from the recent automatic refund rule from airlines. “If your flight gets canceled and you don’t fly, you don’t have to ask for your money back, it’s just going to come to you.” Nvidia CEO Jensen Huang (00:01:17) Nvidia CEO Jensen Huang notes the “strong” demand the company is seeing for data centers, as Nvidia’s (NVDA) fiscal 2025 first quarter earnings report showed revenue for its Data Center increased 427 percent year-over-year to $22.6 billion. “People want to deploy these data centers right now, they want to put our GPUs to work right now.” “It’s really important to take a step back and realize that what we build is not a GPU chip… but we’re really building AI factories,” Huang explains. Huang adds that “the next generation of AIs need to be grounded in physical AI… needs to understand the physical world.” Synopsys CEO Sassine Ghazi (00:01:57) Synopsys (SNPS) CEO Sassine Ghazi explains the “two parts" of the company's portfolio after the company released better-than-expected second quarter results and raised its full-year guidance. “Design automation” is the first part, “which is the software used by the chip designers to design their chips.” “Design IP” is the second part, which is “part of the chip, like lego blocks of the chip design.” It’s used by chip developers, the semiconductor industry, and hyperscalers as Ghazi notes. This post was written by Mariela Rosales. Read More...

Yahoo Finance sat down with top executive across a variety of industries, including travel, retail, and tech. Here are some of the key moments:

Priceline CEO Brett Keller (00:00:04)

Priceline CEO Brett Keller talks about the state of the consumer in the travel industry. Keller notes the continual prioritization of travel by the consumer, as pullbacks have been seen in other areas like commodities and hard goods. “Travel still seems to be healthy and moving forward.”

Keller explains that “you’ll see suppliers start to really pull their prices back, which will open up more travel opportunities, more deals for consumers.” Priceline.com is a subsidiary of Booking Holdings (BKNG).

Amer Sports CFO Andrew Page (00:00:29)

Amer Sports (AS) CFO Andrew Page discusses the state of the consumer as the company’s first-quarter earnings results beat on revenue estimates and came in line with adjusted earnings per share expectations. Page notes that “the consumer is getting more healthy,” “sentiment is getting stronger,” and “consumers continue to be pretty resilient.”

U.S. ​​Secretary of Transportation Pete Buttigieg (00:00:53)

U.S. ​​Secretary of Transportation Pete Buttigieg discusses “one of the side benefits” for travelers from the recent automatic refund rule from airlines. “If your flight gets canceled and you don’t fly, you don’t have to ask for your money back, it’s just going to come to you.”

Nvidia CEO Jensen Huang (00:01:17)

Nvidia CEO Jensen Huang notes the “strong” demand the company is seeing for data centers, as Nvidia’s (NVDA) fiscal 2025 first quarter earnings report showed revenue for its Data Center increased 427 percent year-over-year to $22.6 billion. “People want to deploy these data centers right now, they want to put our GPUs to work right now.”

“It’s really important to take a step back and realize that what we build is not a GPU chip… but we’re really building AI factories,” Huang explains.

Huang adds that “the next generation of AIs need to be grounded in physical AI… needs to understand the physical world.”

Synopsys CEO Sassine Ghazi (00:01:57)

Synopsys (SNPS) CEO Sassine Ghazi explains the “two parts” of the company’s portfolio after the company released better-than-expected second quarter results and raised its full-year guidance.

“Design automation” is the first part, “which is the software used by the chip designers to design their chips.” “Design IP” is the second part, which is “part of the chip, like lego blocks of the chip design.” It’s used by chip developers, the semiconductor industry, and hyperscalers as Ghazi notes.

This post was written by Mariela Rosales.

Video Transcript

Travel has historically been a highly prioritized part of the consumer’s budget.

And so we continue to see that now, even though where some commodities and other hard goods people have pulled back there, travel still seems to be healthy and moving forward.

I think what will happen is you’ll see suppliers start to really pull their prices back, which will open up more travel opportunities, more deals for consumers that they’ll be spending less to take the same kinds of trips.

I think the consumer is getting more healthy.

I think it’s really a a sentiment issue.

I think sentiment is getting stronger.

Our demand continued to be high, especially with technical apparel in our franchise.

Consumers continue to be pretty resilient and consumers migrate toward premium and experience or migrate to value.

And obviously we play on the premium side of the of the spectrum.

I think one of the side benefits of the rule, we just launched on automatic refunds, which says that if your flight gets canceled and you don’t fly, you don’t have to ask for your money back.

It’s just gonna come to you.

Is that really changes the economics for airlines that might have been tempted to engage in unrealistic scheduling any time there is a credible uh concern in our department about unrealistic scheduling.

We will investigate.

People want to deploy these data centers right now.

They want to put our GP US to work right now and start making money and start saving money.

And so, so that that demand is just so strong.

Um you know, it, it’s really important to take a step back and realize that what we build is not a GP U chip, we call it Blackwell and we call it GP U but we’re really building A I factories.

The next generation of A is need to be grounded in physical A I need to be under needs to understand the physical world.

And the on the the best way to teach these A is how the physical world is through video, just watching tons and tons and tons of video.

We have two parts of the portfolio.

We have the design automation which is the software used by the chip designers to design their chips.

So when Jensen talks about synopsis as mission critical to their development, that’s where they use our software to design the chip.

The other part of our portfolio is design I which you need to think of it as part of the chip like lego blocks of the chip design that we have them pre packaged and again used by either the chip developers or the semiconductor industry or hyper scalars for that matter that they are developing their own chips.

They use the software and the IP from Synopsis.

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