Nvidia CEO Jensen Huang Defends AI Future After Market Rout

Nvidia Corp. Chief Executive Officer Jensen Huang dismissed recent stock-market volatility as a temporary phase during an event in Berlin. He expressed confidence in the long-term trajectory of artificial intelligence, stating that the current turmoil will pass and that the technology's eventual benefits will outweigh investor concerns.

Huang characterized AI as a transformative force that will positively impact every industry and every country. He asserted that the global economy is only at the beginning of this technological shift and that the momentum behind AI development will continue.