Jensen Huang used a visit to Seoul on June 8 to tell investors that the recent selloff in tech and semiconductor stocks is less a crisis and more a clearance sale.
His pitch is straightforward: AI infrastructure is inevitable, the market just temporarily forgot that, and now everything’s cheaper.
“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.”
The selloff that rattled US chip stocks started in the week leading up to June 8, driven by anticipated interest-rate increases and mixed jobs data.
Huang described AI infrastructure as “a foregone conclusion,” drawing a parallel to the early rise of the internet.
