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    To critics, Huang said he feels the higher price is justified, especially since the cutting-edge Lovelace architecture is necessary to support Nvidia’s expansion into the so-called metaverse.
    “A 12-inch [silicon] wafer is a lot more expensive today than it was yesterday, and it’s not a little bit more expensive, it is a ton more expensive,” Huang said.

    “Moore’s Law’s dead,” Huang said, referring to the standard that the number of transistors on a chip doubles every two years. “And the ability for Moore’s Law to deliver twice the performance at the same cost, or at the same performance, half the cost, every year and a half, is over. It’s completely over, and so the idea that a chip is going to go down in cost over time, unfortunately, is a story of the past.”
    “Computing is a not a chip problem, it’s a software and chip problem,” Huang said.

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