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Nvidia CEO Jensen Huang has sought to reassure investors amid a recent selloff in artificial intelligence-linked stocks, describing the decline as a buying opportunity and emphasising that the sector’s long-term growth remains intact, according to a Bloomberg report.
Global technology stocks have come under pressure in recent sessions as investors pulled back from AI-driven bets that had powered a strong rally in equities. Concerns over a potential overheating in the AI trade and broader macro factors, including interest rate worries, contributed to the decline, with markets such as South Korea’s Kospi index also witnessing losses.
Responding to the volatility, Huang said the downturn should be viewed positively by investors, suggesting it offers an opportunity to accumulate stocks at lower valuations. “We’re at the beginning of it, and whatever happened to the stock market, you should be very happy because now you can buy at a discount,” he said, adding, “Everybody should be very excited.”
Huang reiterated that the development of AI infrastructure is still in its early stages, arguing that the current phase marks the start of a broader buildout that will underpin future technological growth. He said the industry is continuing to construct the systems that will serve as the foundation for an AI-driven world.
Also read: SpaceX signs $30 billion AI infrastructure deal with Google through 2029
The comments came as Nvidia announced a deeper partnership with South Korea’s SK Hynix, with both companies agreeing to co-design future generations of memory chips tailored for AI applications. The agreement underscores the growing demand for advanced semiconductor technologies required to power large-scale AI systems.
Huang has consistently maintained that artificial intelligence will transform the global economy and drive significant demand for computing infrastructure, particularly data centres and high-performance chips. He compared the trajectory of AI to the rise of the internet, calling it “a foregone conclusion that AI will be infrastructure for the world, just like the internet was infrastructure for the world.”
The remarks highlight Nvidia’s position at the centre of the AI boom, even as market sentiment fluctuates, with the company continuing to benefit from strong demand for its chips and related technologies.
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