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Tech Sell-Off Can Be a Buying Opportunity, Says Nvidia CEO Jensen Huang (NVDA:NASDAQ)

Huang said the pullback reflected rate fears, not weakening AI demand, as Nvidia reported $81.6 billion in quarterly revenue and new memory partnerships.

  • On Monday, Nvidia CEO Jensen Huang told reporters in Seoul that the recent global tech stock sell-off is a "buying opportunity," arguing the infrastructure buildout for an AI-fueled future is only in its early stages.
  • Fears of potential Federal Reserve rate hikes triggered a brutal June 5 sell-off, wiping out more than $1 trillion in semiconductor market value after a May jobs report showed 172,000 new positions.
  • On Monday, Nvidia and SK Hynix Inc. announced a multi-year agreement to design future generations of memory chips for AI, strengthening their competitive position in the South Korean market.
  • The company reported first-quarter fiscal 2027 revenue of $81.6 billion on May 20, 2026, and guided for second-quarter revenue of approximately $91 billion, demonstrating sustained demand momentum.
  • At Computex 2026, Nvidia confirmed that Vera Rubin, the successor to its Blackwell GPU architecture, is in full production with deliveries scheduled to begin in the third quarter of 2026.
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Nvidia CEO Jensen Huang has become one of the most recognizable faces of the AI revolution, and his words are now moving billions of dollars on the stock market. But according to Bloomberg, that could be the problem. As chipmakers' stocks soar and more investors see AI stories in every tech company, the market is starting to overheat, and Huang's optimistic statements could fuel speculation.

·Budapest, Hungary
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Business Times broke the news in Singapore, Singapore on Monday, June 8, 2026.
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