First on CNBC: Excerpt: Nvidia Founder & CEO Jensen Huang Speaks with Jon Fortt on CNBC’s “Squawk Box” Today

HUANG: Excellent. Excellent. Timing is everything. We've been thinking about this area for a long time, waiting for that moment. And and, as in many of the things that we do, whether it's digital biology and turning drug discovery from a, from a discovery process to an engineering process, from a scientific process to a science and engineering process to self-driving cars to even the work that we do in computer graphics, ray tracing is now completely done in real time. It took us 30 years to do it in real time, and so you have to pursue something for a long period of time looking for that moment where that enabling technology is discovered. In the case of humanoid robotics, let me let me first say that a computer doesn't know and doesn't care what kind of tokens it's generating. It could JON FORTT: Robotics. It's been a dream, part of CES for a long time. But it's also been elusive. And we had iRobot kind of not go in a great direction. Granted we do have autonomous vehicles now, and those are really robots—

HUANG: Robots.

FORTT: I guess, right? We're talking about physical AI. What makes this moment different for robotics in particular? And maybe give me humanoid because we tend to get very excited about it. But I wonder, too excited? FORTT: Yeah, right. With Runway yeah.

HUANG: I could give him that prompt and he will generate an amazing video. Isn't that right?

FORTT: Yeah.

HUANG: And that video has a person reaching out and picking up a cup. Why is that model different than a generative model for a humanoid robot picking up a cup? The moment I saw that working that well, then the rest of it is still a whole bunch of research, a whole bunch of, a whole bunch of technology. But you could tell that the enabling technology is just right around the corner.

FORTT: Tell me how much more performant Vera Rubin is because I get questions I got one on "Fast Money," how much does it cost? And I guess the flip side of that is how much value does it deliver?

HUANG: That's it. That's exactly right.