Chinese media outlet The Paper reported on the 8th that Jensen Huang, CEO of US semiconductor giant NVIDIA, stated that 'everyone should be excited' about the sharp drop in semiconductor stocks.

According to the article, this statement was made at a press conference on the same day, and Mr. Huang commented, "Everyone should be excited. Now you can buy them at a lower price." He also said, "The future of artificial intelligence (AI) is very bright," and declared that "AI becoming a global infrastructure is already a definite trend."

Meanwhile, Taiwanese media UDN (United Daily News) reported on the 9th that "discussions have been ongoing in the market recently regarding the fading momentum of the AI boom," and specifically, that observations suggesting a significant reduction in memory capacity for NVIDIA's next-generation AI platform "Vera Rubin" were temporarily reported, but Mr. Huang himself dispelled the rumors.

According to the UDN article, Mr. Huang stated, "Current demand in the AI industry still far exceeds supply. There is a state of supply shortage from wafer manufacturing and advanced packaging to silicon photonics technology." He also pointed out, "Global AI infrastructure development has just begun. It will continue to expand over the next few years."

Furthermore, regarding the information circulating in the market about a "significant reduction in memory," he directly refuted it and emphasized, "There are no signs that the memory shortage will end." At the same time, he announced that NVIDIA would procure even more memory products from South Korea's SK Hynix. The two companies have also reportedly signed a multi-year cooperation agreement for the joint development of next-generation memory technology.

The article reported that following these remarks, the view emerged that "market concerns about a slowdown in AI memory demand would ease," and it also introduced that many internet users reacted by saying, "Mr. Huang's renewed indication of strong AI demand will be a significant tailwind for the memory industry."