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Nvidia (NVDA) Rebounds as CEO Huang Touts AI Expansion Despite Market Pullback

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The Story

News Summary

  • Nvidia CEO Jensen Huang dismissed recent semiconductor stock declines as temporary, emphasizing that the AI infrastructure cycle is in its early stages.
  • Despite macroeconomic headwinds from higher interest rate expectations and strong U.S.
  • jobs data, he remains bullish on the long-term growth trajectory of AI-linked chip demand.
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NVDA price history

218.29 +19.87% over the displayed period

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