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Nvidia CEO: Next Millionaires Will Be Plumbers and Electricians, Not Coders

In a Fox Business segment on June 25, 2026, blue-collar advocate Ken Rusk relayed Nvidia CEO Jensen Huang's claim that the next generation of millionaires will be carpenters, plumbers, and electricians, not coders.

June 25, 2026
2 min read
Source: 24/7 Wall St.
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In a Fox Business segment on June 25, 2026, blue-collar advocate Ken Rusk relayed Nvidia (NASDAQ:NVDA) CEO Jensen Huang's claim that "the next generation of millionaires will be carpenters, plumbers and electricians."

Details

Huang's comments came amid a discussion about AI's impact on the labor market, suggesting that skilled trades will become increasingly valuable as automation advances. Rusk emphasized that this idea gains weight when coming from the CEO of a company selling "shovels" in the AI gold rush.

Context

The remarks arrive as Nvidia experiences massive demand for its graphics processors used in AI applications. However, Huang sees the biggest opportunity not in coding but in hands-on professions.

What It Means for Investors

Huang's statement may signal a shift in Nvidia's strategy toward empowering blue-collar sectors with AI tools, potentially opening new markets beyond data centers and software applications.

Frequently Asked Questions

He said the next generation of millionaires will be carpenters, plumbers, and electricians, not coders.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.