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Jensen Huang says AI stocks are ‘very cheap’ as memory shortages persist

Jensen Huang says AI stocks are ‘very cheap’ as memory shortages persist

Nvidia CEO Jensen Huang said on June 8 that the AI buildout is still in its early stages, recent selloffs created discounted entry points, and AI-related memory shortages could last for several years.

Fact Check
The Seoul Economic Daily (en.sedaily.com) directly quotes Huang calling AI stocks 'very cheap' at a June 8, 2026 Seoul press briefing. 24/7 Wall St. independently reports the same 'very cheap' phrasing and Huang's statement that the memory shortage will continue for several years. BlockBeats corroborates Huang framing the recent selloff as an entry point and the AI buildout as just beginning. Odaily reports Huang affirmed it is time to buy NVDA. All three pillars of the claim — AI buildout still early, selloff as discounted entry point, and multi-year AI memory shortage — are each supported by at least one source.
Summary

Nvidia CEO Jensen Huang said on June 8 that AI stocks are "very cheap," the artificial intelligence buildout is still in its early stages, and the recent selloff created discounted entry points for investors. He also said shortages of memory used to support AI demand could persist for "several years." His bullish long-term view came as SK Hynix fell about 7.68% to 1,911,000 won and as investors weighed Raymond James analyst Kal Ackerman’s warning that DRAM and NAND average selling prices could peak by mid-2026 and start declining as early as early next year.

Terms & Concepts
  • DRAM: A common type of computer memory.
  • NAND: Flash memory used for storage.
  • average selling prices: The typical price a product sells for.