Nvidia CEO Stands by AI Thesis as Stock Loses 10% Amid Market Turmoil

Jensen Huang is doubling down on artificial intelligence despite Nvidia's stock tumbling over 10% in two weeks, insisting the market selloff represents a buying opportunity rather than a signal of trouble ahead. The Nvidia CEO told investors this week that new chip orders continue arriving "almost daily" even as the semiconductor sector shed more than $1 trillion in value in six trading days, driven by rising interest-rate expectations, concerns about AI infrastructure financing, and intensifying competition from Chinese chip makers.