Jensen Huang: AI Infrastructure Build-Out Is Just Beginning, Investment Cycle Far from Peaking
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Nvidia CEO Jensen Huang called the recent tech sell-off a buying opportunity, arguing that the massive build-out of AI infrastructure is just getting started. The statement pushes back directly against fears that the AI trade is overheating, offering a counter-signal from the industry's most central figure.
Why does Huang say now is the time to "buy at a discount"?
Speaking to reporters in Seoul after meeting SK Group chairman Chey Tae-won, Huang said: "We are at the very beginning of all of this — you should be very happy because now you can buy at a discount."
This means → in his view, last week's global tech sell-off is not a topping signal but an entry window.
His core thesis: AI becoming global infrastructure is an inevitable conclusion, "just as the internet once became global infrastructure" — in other words, the current investment cycle has a long way to run.
What is the market afraid of?
South Korea's benchmark Kospi index fell sharply on Monday as investors began unwinding AI-related bets.
U.S. tech stocks also dropped last Friday on fears of potential rate hikes.
In plain terms = the market is worried about two things stacking up: an AI-hype pullback and rates that may still climb — both squeezing tech valuations at the same time.
What is Huang's case for optimism?
He argued AI will profoundly reshape broad sectors of the global economy and change how people work and live.
This means → the demand for data centers and chips to power future AI services is only beginning to materialize — nowhere near saturation.
This reflects Nvidia's position as the largest supplier of AI compute: the longer the infrastructure build cycle lasts, the longer Nvidia keeps selling the shovels.
What does the new Nvidia–SK Hynix deal signal?
Nvidia and SK Hynix — one of South Korea's largest memory-chip makers — announced a multi-year agreement on Monday to co-design next-generation AI memory chips.
This means → SK Hynix has secured a key advantage in its competition with Samsung Electronics for the premium AI memory market — locking in Nvidia's design requirements directly.
After the announcement, SK Hynix shares pared their losses; South Korean President Lee Jae-myung also said on the same day that Korea's domestic market remains undervalued, further lifting sentiment.
Content is for reference only, not financial advice.