Jensen Huang calls recent market decline a buying opportunity, citing long-term AI infrastructure growth amid a $1.3 trillion sector rout.
Nvidia CEO Jensen Huang encouraged investors to buy AI and chip stocks following a $1.3 trillion market value wipeout in early June. The decline sparked concerns the AI trade had overheated, with U.S. semiconductor stocks among the hardest hit.
Huang dismissed the sell-off as temporary, stating the sector remains in its early stages. He compared AI infrastructure to the internet’s early days, framing it as an inevitable buildout. The comments came alongside a multi-year partnership with SK Hynix to develop next-generation AI memory chips.
The deal underscores Nvidia’s long-term commitment to AI expansion, despite short-term volatility. Huang’s remarks aimed to reassure investors amid broader market uncertainty.