- Nvidia and SK Hynix have agreed to co-design future AI memory chips.
- Nvidia CEO Jensen Huang described the recent global tech stock selloff as a buying opportunity, stating that the buildout of artificial intelligence has just begun.
- Huang emphasized that investors should be happy about the stock market downturn, suggesting that it allows for purchases at a discount.
- Huang indicated that the AI infrastructure buildout is only at its inception stage.
- Huang predicted that AI will become global infrastructure, similar to how the internet serves as infrastructure today.
Nvidia CEO Jensen Huang views the recent selloff in AI-driven tech stocks as a buying opportunity. He stated, “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.”234
Huang emphasized that the buildout of artificial intelligence is just starting, marking this moment as a strategic time for investments.
Additionally, Nvidia is reinforcing its commitment to AI technology through a partnership with SK Hynix, agreeing to co-design future AI memory chips. This collaboration signifies a step forward in creating the infrastructure needed for AI advancements.1
Huang pointedly remarked, “It is a foregone conclusion that AI will be infrastructure for the world, just like the internet was infrastructure for the world.” The confluence of Nvidia's ambitious projects and favorable market conditions could potentially reshape the technological landscape in the near future.5
“Nvidia CEO Jensen Huang believes the current AI-driven tech stock selloff presents a prime buying opportunity. He emphasizes that we are just at the beginning stages of building AI infrastructure, akin to the internet's role.”
