Nvidia Stock Investors Just Got Great News From CEO Jensen Huang
Nvidia (NASDAQ: NVDA) stock has tumbled 23% from the record high it reached in early January. The decline began when large language models developed by DeepSeek raised questions about whether U.S. companies have been overinvesting in artificial intelligence infrastructure, especially Nvidia graphics processing units (GPUs).Of course, Nvidia GPUs are the industry standard in accelerating AI applications in the data center. So, any decrease in AI infrastructure spending would be bad news for the company. CEO Jensen Huang addressed those concerns this week during his keynote speech at GTC, an annual developer conference focused on AI.Here's the good news for Nvidia investors.Continue reading
Nvidia (NASDAQ: NVDA) stock has tumbled 23% from the record high it reached in early January. The decline began when large language models developed by DeepSeek raised questions about whether U.S. companies have been overinvesting in artificial intelligence infrastructure, especially Nvidia graphics processing units (GPUs).
Of course, Nvidia GPUs are the industry standard in accelerating AI applications in the data center. So, any decrease in AI infrastructure spending would be bad news for the company. CEO Jensen Huang addressed those concerns this week during his keynote speech at GTC, an annual developer conference focused on AI.
Here's the good news for Nvidia investors.
