Nvidia CEO Jensen Huang: 'Everybody is counting on us'

Published On Sep 11, 2024, 1:47 PM

Nvidia's CEO Jensen Huang spoke at the Goldman Sachs Conference emphasizing the company's vital role in supporting various industries with demand for generative AI technology. Despite a recent drop in Nvidia's stock value due to market reactions and a potential DOJ investigation, Huang reassured investors about the company's resilience and the significant return on investment for clients using Nvidia's technology. He highlighted the transformative impact of AI on software development and infrastructure, suggesting Nvidia's future growth is tied to its innovation and the burgeoning AI market.

Stock Forecasts

Nvidia is positioned well to benefit from the growing demand for AI and data center technologies. Despite short-term volatility, the company's fundamentals remain strong, suggesting potential for recovery and future growth.

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