NVIDIA CEO: AI market turmoil will eventually pass, large-scale hardware investment will ultimately pay off

Odaily News: NVIDIA CEO Jensen Huang stated at an event held in Berlin that the current turmoil in the AI market will eventually pass, and artificial intelligence will have a profound impact on all industries and the global economy. The industry is still in its early stages of development.

Regarding the recent sell-off in AI chip and infrastructure-related stocks, as well as market concerns about rising financing costs and the sustainability of AI capital expenditure, Huang stated that short-term changes in market news will not alter the long-term fundamentals of the AI industry. Large-scale hardware investment will ultimately pay off and help alleviate market unease.

Huang emphasized that investors should start from first principles and focus on industry fundamentals and long-term value, rather than short-term market fluctuations.