Huang: Buy AI Stocks at Discount Amid Downturn
Nvidia CEO Jensen Huang recently spoke to investors in Seoul about the AI market's recent downturn.
Huang's comments were straightforward, telling investors 'you should be very happy because now you can buy at a discount.'
At the time, Nvidia's stock had dropped 15% and other AI stocks like Alphabet and Amazon were down by 11% each.
If investors had taken Huang's advice and bought into Nvidia on June 8th, they would have seen a return of 5.1%, beating the S&P 500's gain of 4.3%.