Nvidia Stock Had A Bad Week After DeepSeek Unveiled Its New Model In January—Now CEO Jensen Huang Says Investors Are Misreading AI's Future Impact: 'Obviously, That Paradigm Is Wrong'

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Nvidia Stock Had A Bad Week After DeepSeek Unveiled Its New Model In January—Now CEO Jensen Huang Says Investors Are Misreading AI's Future Impact: 'Obviously, That Paradigm Is Wrong' - Benzinga

Quick Summary:

Jensen Huang, CEO of Nvidia Corporation (NASDAQ:NVDA), addressed investor concerns regarding the necessity of massive AI infrastructure spending during a virtual event uploaded on Thursday.

What Happened: Huang addressed the DeepSeek-led sell-off of the Nvidia shares and said, that investors misinterpreted the DeepSeek’s AI advancements.

The pre-recorded event, produced by Nvidia partner DDN, ...