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Fortune
Fortune
Beatrice Nolan

Jensen Huang says investors got it wrong over DeepSeek stock selloff that wiped $600B from Nvidia

Nvidia CEO Jensen Huang holding an AI chip. (Credit: PATRICK T. FALLON—AFP/Getty Images)
  • Nvidia CEO Jensen Huang addressed the market panic over DeepSeek’s R1 reasoning model. He emphasized that AI will continue to rely on Nvidia’s chips despite concerns that demand could decrease.

Nvidia CEO Jensen Huang has addressed a selloff that wiped nearly $600 billion from his company’s market value.

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